Jiffy Lube Carrollton, TX

1505 Hebron Parkway West
Carrollton, TX

Price: $3199000
Cap Rate: 5.50%
NOI: $175,930
Building Size: Approx. 4443 Sq. Ft.
Lot Size: Approx. 0.77 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2017

Investment Overview

  • New Construction | 4,443+/- SF Building on .77+/- Acre Site
  • New 20-Year, Corp NNN Lease with 10% Rent Bumps Every 5-Years
  • Located along W Hebron Pkwy (32K VPD), just S of TX-121 (114K VPD)
  • Near CVS, 7-Eleven, QuikTrip, Bank of America, Sonic, Taco Bueno, DQ
  • Local Attractions: Vista Ridge Mall | The STAR in Frisco | Lake Lewisville
  • 3-Mile Radius: 2016 Est Pop: 79,650 | 1-Mile Avg. HH Income: $110,757
  • Dallas/Fort Worth (MSA): 4th Largest MSA in U.S | Population: 6,526,548

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