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10101 ROYAL LN Dallas TX 75238-1228

[Locked] • APN 00-00078-706-255-0000

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Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Building SqFt 5,649
Lot SqFt 108,421
Acreage ******
Number of Units 1
Zoning Code Z125
Year Built 2013
Building Count 2
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station
Marketing Description

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

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
BB
Brad Benjamin PRO
•••.•••.1030
•••••••.••••amin@••••.com
Brokerage logo
Listing removed on
 BY:
JA
Jared Aubrey PRO
•••.•••.1031
•••••.••brey@••••.com
Brokerage logo
Listing removed on
 BY:
MA
Michael Austry PRO
•••.•••.1115
•••••••.••stry@••••.com
Brokerage logo

Map

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