806 West Centerville Road
Garland, TX
Price:
$4,494,000
Cap Rate:
4.65%
NOI:
$208,977
Building Size:
Approx. 2,506 Sq. Ft.
Lot Size:
Approx. 0.51 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2000
Investment Overview
- 2019 Rebuild 2,506+/- SF Building on 0.51 +/- Acre Site
- 15-year corporate absolute NNN lease with a 10% increase in each option period
- Located just a half-a-mile northeast of the popular DFW thoroughfare I-635 (200,972 VPD)
- As of 3/23/2020, 7-Eleven Stores Plan to Add 20K Jobs to Meet Demand
- Close proximity to Meadow Creek Village Shopping Center (+90K SF) and directly south of Meadow Creek Square Shopping Center (+162K SF)
- Immediate trade area features 15 apartment complexes, 6 schools, and many national credit tenants
- Dallas, TX | 3rd largest city in Texas and 9th largest in the U.S.