Property History
High Quality Construction on Oversized 2.49 Acre Signalized Pad – The property has excellent ingress/egress with ample parking
Densely Developed Residential Market with Ideal Consumer Demographics – There are over 781,807 residents within a 7-mile radius of the property with an average household income of $117,257
Immediately surrounded by over 1,200 Multifamily Units – (Source: CoStar Analytics)
Absolute NNN Lease with Rental Escalations in Options – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure while the rental increases in each of the seven option periods provide a strong hedge against inflation
Strong Corporate Guarantee from One of the Largest & Fastest Growing Convenience Store Chains – QuikTrip has over 900 locations in 14 states with annual revenues exceeding $11 Billion and over 20,000 employees
Dynamic Population Growth – Dallas is the 3rd Largest City in Texas and the 9th in the US, Dallas reached its highest population of 1,347,120 in 2021
Internet & Pandemic Resistant Tenant – QuikTrip has been designated an “Essential Business” and locations across the country remained open throughout the pandemic
Features Excellent Highway Visibility and Direct Access from Lyndon B Johnson Fwy – LBJ Fwy boasts 164,918 VPD and Royal Ln boasts 20,783
Business Friendly Climate – Texas is the World’s 9th Largest Economy, has been the #1 State for Export Trade for 19 consecutive years, and is currently the #1 State for Job Creation, Population Growth, and Corporate Expansions/Relocations
Texas has NO State Income Tax
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Map
Comparable Properties
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