GROUND LEASE: 6.11AC. PER SURVEY-ZONED R-7.5 AND LCR WITH D-1 LIQUOR OVERLAY. SEE DEED RESTRICTIONS (FLEXIBLE ZONING). LONG TERM (10 TO 20 YEARS) GROUND LEASE. NO IMPROVEMENTS ON PROPERTY (TREES AND VEGETATION) BACKING TO CREEK. ONLY A SMALL PORTION IS IN FLOOD PLAIN. APPROX 5 MILES FROM INTERSECTION 175 AND BELT LINE WITH 276′ FRONTAGE ON BELT LINE. $5,000 PER MO. FOR FIRST 5 YEARS. YEARS 10 -20. WILL BE NEGOTIABLE. SEE DETAILS UNDER DOCUMENTS, INCLUDING SURVEY. Landlord is licensed RE Broker in the State of Texas. Lessee and Lessee’s agent to verify acreage and schools.
