Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Lynn Creek Marina, a first-class marina in the fourth largest MSA in the country - Dallas/Fort Worth. Lynn Creek Marina has 528 wet slips and 116 dry racks, a fuel dock, boat rental operation, and a successful restaurant and bar. Located on Joe Pool Lake, centered between Dallas and Fort Worth and just south of 1-20, the acquisition of Lynn Creek Marina provides a new owner with the opportunity to capitalize on significant storage revenue, excellent demographics and real upside.
528 wet slips and 116 dry stalls in Dallas/Ft. Worth MSA, on Joe Pool Lake
Consistently generates $1.9M - $2M in boat storage revenue annually - $3M in total marina revenue
Over $3M in recent marina renovations and improvements
Underutilized 14-acre parcel (currently a driving range) that could be used to expand marina operation or for another redevelopment opportunity
Oasis Restaurant, run in-house, generates $2.5M - $3M of annual revenue
Opportunity to lease restaurant or more efficiently manage costs
