Property History
Long-Term Corporate Absolute NNN Lease with 10% Rental Escalations Every 5 Years – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure while the rental escalations provide a strong hedge against inflation
Brand New 2022 Complete Remodel on 1.08 Acre Pad – The oversized lot has ample parking with excellent ingress/egress
Next to 3 Apartment Complexes - Totaling 1,050 units, The Springfield Apartments has 264 units, The Place Apartments has 442 units, and The Durham Apartments has 344 units
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
Across from Town East Mall – Spanning 1.2-Million SF, this enclosed shopping mall is anchored by Macy’s, Dillard’s, JC Penney, & Dick’s Sporting Goods and saw more than 5.7 million visitors over the past 12 months
Features Excellent Highway Visibility with Strong Traffic Counts and Double Diamond Interchange Allows for Convenient Access from All Directions – The site sits on the convergence of I-635 (144,508 VPD) and I-30 (106,813 VPD)
Located Along Major Retail Corridor – Neighboring national retailers include Kroger, Target, Big Lots!, Aldi, Walmart, Best Buy, Albertsons, The Home Depot, 24 Hour Fitness, Chick-Fil-A, Walgreens, Chipotle, At Home, Starbucks, and many more
Densely Developed Residential Market with Ideal Consumer Demographics – There are over 546,843 residents within a 7-mile radius of the property with an average household income of $89,746
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
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Comparable Properties
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