- For Sale $1,850,000
- Property Type Retail
- Property Size 2,884 SF
- Lot Size 0.89 Acre
- Cap Rate % 6.55
- NOI / YR $121,128.00
- Year Built 1999
- Date Updated Oct 5, 2026
Description
Strategically positioned at the southeast quadrant of Sam Rayburn Tollway
(SH-121) and Hebron Parkway, 1533 W Hebron Parkway is a highly visible
freestanding retail property in one of North Texas strongest commercial
corridors. The property benefits from exceptional accessibility via the
SH-121 frontage road, a signalized intersection, and a nearby median break,
providing convenient access for traffic traveling in both directions. The site
also features prominent monument signage and a drive-thru configuration,
making it well suited for high volume quick-service restaurant operations.
The property is surrounded by established residential communities,
nationally recognized retailers, and major employment centers throughout
Carrollton, Plano, Lewisville, and The Colony. Its proximity to dense
residential neighborhoods, and regional retail destinations creates a
consistent customer base throughout the day.
BRAND NEW LONG-TERM LEASE 10-year NN lease structure with 2% annual
rent increases beginning in Year 6, providing built-in NOI growth and a hedge
against inflation.
High Traffic Counts & Visibility Strategically positioned near the intersection of
Sam Rayburn Tollway (107,960 VPD) and Hebron Parkway (21,767 VPD),
offering excellent visibility and access to daily commuters.
Prime Retail Corridor Located in a dense, high performing retail trade area
surrounded by national brands including Popeyes, Starbucks, McDonald’s, and
Sonic, driving consistent consumer traffic.
False
Contacts
Texas Legacy Realty
Texas Legacy Realty