4015 Bobtown Road
Garland, TX
Price:
$2385000
Cap Rate:
5.20%
NOI:
$124,000
Building Size:
Approx. 2487 Sq. Ft.
Lot Size:
Approx. 0.78 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built / Renovated:
1997 / 2009
Investment Overview
- 2,487+/- SF Building on .78+/- Acre Site
- 12+Yr Corp, Abs NNN Lease w/ 8% Rent Bumps Every 5-Yrs
- Located along Bobtown Rd (16K VPD), just N of I-30 (155K VPD)
- Subject property benefits from the lack of any immediate competition
- Near Lake Ray Hubbard (22-Acres) | 15-Miles East of Downtown Dallas
- Dallas was ranked Top Ten “ Best Places for Business & Careers” – FORBES
- 5-Mile Radius: 2016 Est Pop: 196,650 l 3-Mile Avg. HH Income: $76,369
- Dallas/Ft. Worth (MSA): 4th Largest MSA in the U.S | Pop: 6,526,548