For Lease
$5.76/SF/YR

500 Us-287 Decatur, TX 76234

High-visibility retail space, ideal for diverse uses.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial property, located at 500 US-287 in Decatur, Texas, 76234, presents a unique investment opportunity. The former Klement Dodge Chrysler dealership boasts 19,860 square feet of space across four single-story buildings situated on a 4.018-acre lot. The property features high visibility with frontage on N US Hwy 287. Building specifics include a 4,500 sq ft new car sales building, a 10,000 sq ft service/parts building (connected), and a 4,160 sq ft free-standing detailing building, all situated on approximately 2.732 acres. Additionally, there's a 1,200 sq ft free-standing building on an approximately 1.286-acre lot. Built in 1970 and renovated in 2000, the property is zoned GC and is currently vacant. The property is ideally suited for a variety of uses, including trucking companies, farm equipment sales, RV sales and service, and other similar businesses. Note that new or used car sales are prohibited. The lease terms are four to five years, requiring tenants with a strong credit history. Monthly rent is $9,500, plus $3,000 in NNN expenses. This property is located in one of North Texas' fastest-growing areas, offering excellent potential for growth and return on investment. Cross street is Wichita Street.

Highlights

  • Former Klement Dodge Chrysler Dealership with high visibility on US Hwy 287 in Decatur, TX.
  • 19,860 SF across four buildings on a 4.01-acre lot.
  • $9,500/month rent + $3,000/month NNN expenses.
  • Building consists of a 4,500 SF sales building, a 10,000 SF service/parts building, a 4,160 SF detailing building, and a 1,200 SF freestanding building.
  • Suitable for trucking, farm equipment, or RV sales and service; no auto sales permitted.
  • Located in a rapidly growing North Texas area; 4-5 year lease term for creditworthy tenants.

Property Details for 500 Us-287

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
19,860 SF
Year Built/Renovated
1970/2000
Buildings
4
Stories
1

Unit(s) available at that property

Space
Size
19,860 SF
Rate per SF
$5.76

Location Insight

City
Decatur
County
Cooke
State
Texas
Latitude
33.237673490911
Longitude
-97.597711647893
500 Us-287, Decatur, Texas

FAQs

What type of property is this?
Specialty property - High-visibility retail space, ideal for diverse uses.
Where is the specialty property located?
The property is located at 500 Us-287 Decatur, TX.
What is the lease rate?
The lease rate is $5.76/SF/YR.
What are key features of this property?
This property features: Former Klement Dodge Chrysler Dealership with high visibility on US Hwy 287 in Decatur, TX.; 19,860 SF across four buildings on a 4.01-acre lot.; $9,500/month rent + $3,000/month NNN expenses.
How can I contact the broker?
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500 Us-287
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