QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX_Property for Sale
QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX_Property for Sale
4767 South R. L. Thornton Freeway, Dallas, TX, 75232, US

QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a single-tenant QuikTrip gas & convenience store located at 4767 S RL Thornton Freeway in Dallas, TX.

 

The Property is positioned in an excellent location directly off Interstate-35 benefiting from high traffic counts totaling 160,900+ VPD. The Property is one of only two convenience and gas stores within close proximity of the interstate exit and on-ramp. Notably, the Property is situated directly in front of a Walmart Supercenter that attracts 3.6 million visits annually and ranks in the Top 94% of all Walmart locations nationally (placer.ai).

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Attributes

Asking price
CN¥38,890,000
Cap rate
5.65%
WAULT
9.7 years
Lease type
Absolute Triple Net
Year built
2015
Building area net
544 m²
Land area gross
0.87 ha

Media

Investment Highlights

  • Outparcel to a top-performing Walmart Supercenter (top 94% store nationally; per placer.ai)
  • Adjacent to I-35 on-ramp with 160,900+ VPD
  • Brand new 10-year absolute NNN lease extension and $2.00 PSF rent increases every five years
  • Upcoming rent increase in August 2025
  • Corporate guaranty from QuikTrip Corporation ("QT")
  • Among the largest c-store operators with 1,085+ locations and $11B+ in revenue
  • Purpose-built for the Tenant in 2015 for QT’s new “Generation 3” store format
  • Large 2.15-acre site on a hard corner & signalized intersection
  • Robust demographics with 278k population in a five-mile radius
QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX 4_Property for Sale
QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX 4_Property for Sale

Contact brokers

QuikTrip - 4767 S RL Thornton Fwy, Dallas, TX (0 Properties)

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Last updated
10 Sep 2024