Wells Fargo (Dallas MSA)

Wells Fargo (Dallas MSA)

Colleyville, TX

Colleyville, TX

Wells Fargo (Dallas MSA)

Offered for sale is the opportunity to acquire a ground lease Wells Fargo in Colleyville, Texas. The property consists of a 4,946-square-foot, freestanding building on 1.16 acres of land. There are 4.5 years remaining on the current lease term, with 10% percent increases every five years.

Price $2,915,000
Cap Rate 6.85%
Building Size 4,946 sqft
Lot Size 1.16 acres
Year Built 2008
Offering Memorandum

Ryan Wolf

First Vice President Investments
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Corporate Ground Lease with 4.5 Years Remaining
  • High Performing Branch - Consumer Deposits are $138,615 as of June 30, 2023
  • Near the Signalized Hard Corner Location on Colleyville Boulevard and Church Street; Combined Traffic Counts Exceed 28,017 Vehicles per Day
  • Affluent Dallas Submarket - Average Household Income is $216,236 Within a One-Mile Radius. (Two Times the National Average.)
  • More than 247,478 Residents Within a Five-Mile Radius
  • Colleyville Is One of the Wealthiest Cities in the Country
  • Larger Employee Base of 290,732 Individuals, Reflecting a 17 Percent Increase Compared to the Residential Population
  • Located Minutes from DFW International Airport, the Second Busiest Airport in the World by Passenger Traffic

Ryan Wolf

First Vice President Investments
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
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