Calloway's - Dallas, TX
7600 Greenville Ave, Dallas, TX, 75231, US
3.252 vierkante meter
Beschrijving
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the two-tenant Floor & Decor / Chair King at 5651 State Highway 121, The Colony, TX ("Property" or "Asset"). The Property is operating on a NN lease with ±5.6 years of weighted average lease term, 10% escalations every five years and three, five-year options. The offering also includes a potential ±6,707 SF QSR pad development opportunity, creating an attractive avenue for future NOI growth and site enhancement.
This offering provides the opportunity to acquire a well-located retail asset with stable income and future upside from a QSR pad development.
...
Kenmerken
Vraagprijs
€ 14.011.000
Cap rate
7%
NOI
€ 981.000
WALT
5.6 jaren
Huurtype
Netto lease (N/NN/NNN)
Netto gebouwoppervlakte
8.296 vierkante meter
Bezettingspercentage
100%
Media
Investeringskenmerken
- ±5.6 Years of weighted average lease term
- Located adjacent to Grandscape, a 420 acre experiential retail destination drawing 5.9M visitors annually
- State Highway 121 frontage with exposure to more than 80,500 vehicles per day
- $185K Average household income within a 3-mile radius
- 54% Population growth since 2010 within a five-mile radius
- Irreplaceable positioning within DFW's premier retail and entertainment corridor
- Nearby Stonebriar Centre, #3 most visited shopping center in TX with 5.5M visitors annually
- Proximity to Legacy West, The Star, PGA Headquarters, and major employment centers
- Floor & Decor national tenant with approximately $5.6B market capitalization
- Texas' largest family-owned outdoor furniture retailer with a 75+ year operating history
Contact adviseurs
Floor & Decor + Chair King | Colony, TX (0 Eigendommen)
