El Rio Grande & DD's Discounts
6% CAP | DFW MSA | 292,000 in 5 Mile
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an El Rio Grande & DD’s Discounts in Dallas, TX. The subject property is a large 5+ acre parcel just minutes from Downtown Dallas.
Property Website: https://trinityreis.com/listing/2515-w-jefferson-blvd-300/
Investment highlights
Dallas, Texas DD's Discounts and El Rio Grande Grocery
10-Year Early Extension on El Rio Grande in 2024 Featuring 11.25% Rent Increases Every 5 Years - 1st One in March 2027
DD's Discounts (Ross Stores, Inc Credit) Has 2+ Years Remaining on Current Term with Option Rent Increasing by 8%
Large 5+ Acre Parcel Just Minutes from Downtown Dallas
Tenant's Paying $8.10/PSF in Rent and Building Priced at $135/PSF at List Price
Great Frontage Along W Davis Street and Jefferson Blvd (24K VPD)
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