For Sale
$3,751,000

767 Main StCoppell, TX 75019

Prime Coppell location, high NOI, strong cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 10,215 square foot mixed-use property in Coppell, Texas, boasts a 5.75% cap rate and a strong net operating income of $215,707. Built in 2024, this two-story building sits on a 10.934-acre lot at 767 W Main St, 75019, within the desirable Old Town Coppell development. The property is currently 100% occupied by a mix of restaurant, storefront, and traditional office tenants, creating a diverse revenue stream. The first floor features a complementary mix of food and service businesses, while the second floor houses two luxury residential units, each with a two-car garage. This prime location offers excellent visibility along Main Street, with an average first-floor retail suite size of 1,552 square feet. The property benefits from its proximity to major thoroughfares, including Interstate 635 and State Highway 121, and is conveniently located just ten minutes from DFW International Airport. The surrounding area boasts a high average household income, exceeding $211,600 within a one-mile radius, and is part of a vibrant, walkable community with numerous retail and restaurant attractions. The property's full masonry construction and desirable location make it an attractive investment opportunity. Nearby businesses include Hard Eight BBQ, Twisted Root Burger Company, and George | Coffee + Provisions. The property also offers potential for owner-occupancy in a highly visible space currently experiencing significant leasing activity.

Highlights

  • New 2024 construction mixed-use building in Coppell, TX's desirable Old Town development.
  • Old Town Coppell offers a walkable, vibrant atmosphere with numerous retail, dining, and entertainment options.
  • High average household incomes within 1, 3, and 5-mile radii ($211,600, $161,900, and $134,000 respectively).
  • Proximity to the large Cypress Waters development (282,000+ SF retail, 6.5M SF office, 10,000+ multifamily units).
  • Two luxury second-floor residential units, each with a 2-car garage and patio.
  • 2,279 SF ground floor space with high visibility, currently experiencing strong leasing interest; potential for owner-occupancy.

Property Details for 767 Main St

Property type
Retail properties, Restaurants
Square Feet
10,215 SF
Year Built
2024
Buildings
1
Stories
2
Lot Size (sq. ft)
476,285,040 SF

Location Insight

City
Coppell
County
Dallas
State
Texas
Latitude
32.95247275071
Longitude
-97.007179753303
767 Main St, Coppell, Texas

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767 Main St
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