Calloway's Nursery - Dallas, TX
7600 Greenville Ave, Dallas, TX, 75231, US
3.252 m²
Objektbeschreibung
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a freestanding Floor & Décor located at 1330 N Town E Blvd in Mesquite, TX (“Property” or “Asset”). The Property is occupied by Floor and Décor Outlets (“Tenant”) which operates on a NN lease with ±7.2 years of initial term remaining, 10% rent increases every 5-years and two, five-year renewal options.
Located just 12 miles east of downtown Dallas, Mesquite is a vibrant, diverse community located at the intersection of major Texas highways. The Asset is situated along N Town E Blvd, just east of Interstate 635 with direct accessibility to more than 204,000 vehicles per day.
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Eigenschaften
Angebotspreis
9.434.000 €
Rendite
6,5 %
NOI
614.000 €
WAULT / DRMV
7.2 Jahre
Gebäudefläche netto
9.844 m²
Grundstücksfläche brutto
3,52 Hektar
Medien
Investment-Highlights
- Operating on a net lease with ±7.2 years of primary lease term remaining and two, five-year renewal options with 10% rent increases every 5-years
- #5 most visited Floor & Decor location in Texas (out of 31) and in the top 21% of locations throughout the nation (Placer.ai)
- Below market rent of $6.23 PSF
- Situated between shopping centers with 13.1M combined visits annually
- Adjacent to Interstate 635 with direct access to 204,000 VPD
- Strong demand characteristics driven by 1-mile AHHI of $90K and 306K+ residents within a 5-mile radius
- Mesquite is developing 10,000 new homes in the area, set to increase population by more than 30,000 individuals.
Makler kontaktieren
Floor & Decor - Mesquite, TX (0 Objekte)
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Zuletzt aktualisiert
5. März 2025
