William Yee Sells Retail Property On Sam Rayburn Highway In Dallas-Fort Worth For NNN Lease

The property asset involved in this transaction is a retail building located at 2702 Sam Rayburn Highway in the Dallas-Fort Worth market. The building encompasses a total of 2,456 square feet and is situated on a 0.94-acre lot. It was constructed in 2020 and is secured by an absolute NNN lease with 15 years remaining, featuring 10% rent increases every five years throughout the primary term and renewal options.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 2,456 SF
• Address: 2702 Sam Rayburn Highway
• Market: Dallas-Fort Worth
• Seller: William Yee
• Seller's Representative: John Paine & Sam Noe - Paine Restaurant Group - Marcus & Millichap

John Paine and Sam Noe from Paine Restaurant Group, representing the seller William Yee, highlighted the demand generated for the asset, noting that the property was listed to close in 45 days. They emphasized the prime hard-corner location, which benefits from traffic counts exceeding 56,000 vehicles per day and its proximity to a high-performing Kroger with over 1.2 million annual visits.