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8989 Fm423

Little Elm, TX 75036
  • $2,750,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 14698983
UPDATED: 215 min ago
$2,750,000
  • 0
    BEDS
  • 0.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
na
Type:
Commercial
Built:
2010
County:
Area:

School Ratings & Info

Offered by Kenneth Bloskas of North Vine Realty.

Description

RARE BILLBOARD Permit EASEMENT. Property is 1 OF ONLY 2 permitted through Little Elm, fronting FM 423, a major connecting 6 lane road from Dallas to US Hwy 380. Daily traffic count approx 60,000 cars. City of FRISCO does NOT allow billboards, Little Elm is not granting any new easements. Currently leased to Clear Channel with a 2021, 10-yr contract. The contract is a % of revenue lease for the advertisements, with option to extend for addtl 10 yrs.Traffic count has doubled in the last 2 yrs. FM 423 is only connector road south from I-35E in Denton. Selling addtl or separately to the Billboard, is a commercial building. Do not miss this RARE opportunity!

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-29T23:39:26.653.
www.rebdgroup.com/homes/122789343
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8989 Fm423 Little Elm, TX 75036

  • Price: $2,750,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 215 min ago
  • MLS #: 14698983
0
Beds
0
Baths
0
½ Baths
0.01
Acres
2010
Built
Neighborhood:
na
County:
Denton
Area:
Little Elm
Property Description
RARE BILLBOARD Permit EASEMENT. Property is 1 OF ONLY 2 permitted through Little Elm, fronting FM 423, a major connecting 6 lane road from Dallas to US Hwy 380. Daily traffic count approx 60,000 cars. City of FRISCO does NOT allow billboards, Little Elm is not granting any new easements. Currently leased to Clear Channel with a 2021, 10-yr contract. The contract is a % of revenue lease for the advertisements, with option to extend for addtl 10 yrs.Traffic count has doubled in the last 2 yrs. FM 423 is only connector road south from I-35E in Denton. Selling addtl or separately to the Billboard, is a commercial building. Do not miss this RARE opportunity!
Exterior Features

Construction Materials Walls Metal Foundation Other Parking Or Garage None Roof Other

Interior Features

Ceiling Height Other Commercial Features Other Flooring Other Heating No AirNo Heat Sq Ft Building 0 Sq Ft Gross 30 Sq Ft Leasable 30

Property Features

Building Area Source Owner Building Use Other Commercial Zoning Comm Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Land Only Lot Size Source Other Documentation Multi Zoning No Municipal Utility District No Net Annual Income 0 Possession Closing/Funding Property Type Com-Sale Tenant Pays All Utilities Utilities City SewerCity Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-29T23:39:26.653.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Kenneth Bloskas of North Vine Realty.