S TA R B U C K S & C H I P OT L E

[Pages:21]STARBUCKS & CHIPOTLE

$3,305,000 | 5.50%

BRAND NEW 10-YEAR CORPORATE NET LEASE

223 E. US-80, Mesquite, TX 75150 (Dallas)

FILE PHOTO

CONTACT:

MARKETING TEAM

Bob Moorhead Managing Partner (214) 522-7200 bob@

Ryan Vandergriff

Associate (214) 915-8897 rvandergriff@

SECURE NET LEASE ("Agent") has been engaged as an agent for the sale of the property located at 223 E. US-80, Mesquite, TX by the owner of the Property ("Seller"). The Property is being offered for sale in an "as-is, where-is" condition and Seller and Agent make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review by prospective purchasers of the interest described herein. The enclosed materials are being provided solely to facilitate the prospective investor's own due diligence for which it shall be fully and solely responsible. The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by Agent or Seller or any of their respective representatives, affiliates, officers, employees, shareholders, partners and directors, as to the accuracy or completeness of the information contained herein. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither the Agent nor the Seller shall have any liability whatsoever for the accuracy or completeness of the information contained herein or any other written or oral communication or information transmitted or made available or any action taken or decision made by the recipient with respect to the Property. Interested parties are to make their own investigations, projections and conclusions without reliance upon the material contained herein. Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent each expressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time, with or without notice. This offering is made subject to omissions, correction of errors, change of price or other terms, prior sale or withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Seller and any conditions to Seller's obligations hereunder have been satisfied or waived. By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly confidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller and Agent.

TABLE OF CONTENTS

FILE PHOTO

TABLE OF CONTENTS

INVESTMENT OVERVIEW | ELEVATIONS

3

TENANT OVERVIEW | IN THE NEWS

5

TENANT OVERVIEW | IN THE NEWS

7

LEASE OVERVIEW | AERIAL PHOTO

9

LEASE OVERVIEW | AERIAL PHOTO

11

LOCATION OVERVIEW | PROPERTY VIDEO

13

AREA OVERVIEW

15

SITE PLAN | CLOSE UP AERIAL PHOTO

17

INVESTMENT OVERVIEW

PRICE | CAP: NET OPERATING INCOME: BUILDING AREA: LAND AREA: YEAR BUILT: LANDLORD RESPONSIBILITY: OCCUPANCY:

INVESTMENT HIGHTLIGHTS

$3,305,000 | 5.50% $181,754 4,380 +/- Square Feet 0.89 +/- Acres 2019 Roof, Structure & Parking Lot 100%

10-YEAR CORPORATE NET

LEASE

IN CLOSE PROXIMITY TO TOWN EAST MALL

STRATEGICALLY LOCATED OFF OF US-80 (74,600 VPD)

ACROSS FROM WALMART

TRAINING FACILITY

Prime positioning off US-80 (74,600 VPD) capturing tra c exiting and merging on. The two tenant building is located half a mile west of Belt Line Rd. (25,334 VPD) Exit, and 0.1-miles east of the on ramp.

Within the immediate trade area are 6 schools and 14 apartment complexes. The 6 schools have a total of 5,538 students and the 14 apartment complexes have a total of 3,420 units.

The Walmart Supercenter became the National Training Center for the region 2 years ago, one of nearly 200 nationwide. The Walmart training academies already trained over 370,000 employees.

The immediate trade area features above average population demographics. Within a 3-mile radius of the subject property are 81,745 people, and within a 5-mile radius are 247,997 people.

Town East Mall is located within the immediate trade area. The 1.2 million square foot three story mall is located just 2-miles northwest of the subject site.

Immediate trade area features 2 hospitals. The hospitals include Mesquite Specialty Hospital with a total of 40 staffed beds and Dallas Regional Medical Center with 202 staffed beds.

Notable national credit tenants in the immediate trade area include: Walmart, Jiffy Lube, Discount Tire, Pep Boys, Firestone, O'Reilly Auto Parts, Tractor Supply Co., 7-Eleven, Hobby Lobby, Dollar General, McDonald's, Arby's, Wendy's, Taco Cabana, KFC, Carl's Jr., Waffle House, Krispy Kreme and many more.

3 | Secure Net Lease

Secure Net Lease | 4

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download