Favorite Listings
Bonham, TX 75418
$3,499,900

About this home

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.

Overview

Full Baths
Available to members — sign in to view this detail.
Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
4044
Living Area
0
Lot Size (Acres)
2.7
Property Subtype
Retail
Property Type
Commercial Sale
Status
Active
Year Built
2024

Interior

Accessibility Features
ADA Compliant
Cooling
Central Air
Fireplaces
0
Flooring
Concrete
Heating
Central

Exterior & Construction

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

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Bonham
County
Fannin
ZIP Code
75418
State
TX
Subdivision
Warriors Plaza

Financial

Price
3499900

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Christopher Contreras
Listing Office
Gregorio Real Estate Company
MLS #
21408826
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21408826

Listing agents

Listing AgentChristopher ContrerasGregorio Real Estate Company

Sign In

Enter your email to continue.

New here? Entering your email creates your account.