1727 N State Highway 121, Bonham, Texas

$3,499,900

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4,044

Square feet

2.70

Acres

About 1727 N State Highway 121

Warriors Plaza offers the opportunity to acquire a 100% occupied NNN retail investment with significant future development potential along the Highway 121 commercial corridor in Bonham, Texas. The existing development consists of approximately 4,045 SF occupied by three nationally recognized tenants: Little Caesars Pizza, Jimmy John’s and Scooter’s Coffee. All three tenants operate under triple-net (NNN) leases with approximately eight years remaining on their current lease terms, plus renewal options, providing an investor with established rental income and limited landlord operating responsibilities. The property encompasses approximately 2.7 acres, including a substantial undeveloped portion that provides an opportunity to increase future NOI and property value. A proposed site plan provides for an additional ±8,500 SF commercial building, which may accommodate a single tenant or be divided into suites ranging from approximately 1,415 to 8,500 SF. Drive-thru availability may also be incorporated for a qualifying tenant, subject to final design and approvals. The proposed expansion includes additional parking, internal circulation, fire-lane and service access, flexible storefronts, individual entrances and signage opportunities. Potential uses include retail, restaurant, medical, dental, wellness, office, personal services, fitness, daycare and other compatible commercial uses. Warriors Plaza combines immediate NNN income from three established national tenants with the ability to develop additional leasable square footage, creating a compelling stabilized investment with long-term value-add potential. Proposed plans and improvements are preliminary and subject to final design and applicable approvals.

Features of 1727 N State Highway 121

MLS® # 21408826
Price $3,499,900
Square Footage 4,044
Acres 2.70
Year Built 2024
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 1727 N State Highway 121
Subdivision Warriors Plaza
City Bonham
County Fannin
State Texas
Zip Code 75418

Amenities

Utilities City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter
Garages Additional Parking, Common, Concrete, Drive Through
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Description Acreage, Level, Sprinkler System
Roof Flat
Construction Stucco
Foundation Slab

Additional Information

Zoning Corridor Commercial District, retail, service, and office uses
Short Sale No
RE / Bank Owned No

Listing Details

AgentChristopher Contreras
OfficeGregorio Real Estate Company
Contact Info972-834-5509
Office Contact972-834-5509

Listing Map

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