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Terrell, TX - Applebee's - Availability Details

341 Tanger Drive, Terrell, TX 75160

  • For Sale $3,022,000
  • City Terrell
  • Zip Code 75160
  • Market Dallas Fort Worth
  • Property Type Retail - Freestanding
  • Property Size 4,800 Sqft
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Year Renovated 2014
  • Date Updated 13 May, 2021
Applebee’s is strategically located along Interstate 20 (60,400 VPD), a major east/west commuter highway traveling through Terrell and serves as a gateway to major markets throughout the Southeast. The site is equipped with a large pylon, creating excellent visibility along Interstate 20. The asset is ideally situated as an outparcel to the Tanger Outlets Terrell, a 193,600 SF outlet center featuring a variety of brand-name stores including Nike, Old Navy, Levi’s, and more. Furthermore, the site is positioned across from a Home Depot anchored shopping center (119,000 SF), significantly increasing consumer draw to the immediate trade area and promoting crossover store exposure for the restaurant. Other nearby national/credit tenants include Walmart Supercenter, Tractor Supply Co., Harbor Freight Tools, Big Lots, CVS Pharmacy, and more, further increasing exposure and crossover synergy for the asset. Moreover, the site is surrounded by several housing communities including Meadowview Townhomes (76 units), Terrell Senior Terraces (252 units), and Terrell Crossing (200 units), providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by a population of over 21,600 with an average household income of $64,000.
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Location

  • City Terrell, TX
  • Zip Code 75160
  • Market Dallas Fort Worth

Contacts

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

Contact Listing Broker

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

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