500 South Buckner Boulevard
Dallas, TX
Price:
$2,417,000
Cap Rate:
5.00%
NOI:
$120,850
Building Size:
Approx. 2,824 Sq. Ft.
Lot Size:
Approx. 1.1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2023 Construction. 2,824+/- SF Building on 1.10+/- Acre Site
- 20-Year Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years Plus (4) 5-Year Options to Renew
- Signalized, Hard Corner Location at Intersection of Elam Rd (9,400 VPD) & Buckner Blvd (20,000 VPD)
- Near National Retailers Including McDonald’s, AutoZone, Dollar Tree, Subway, USPS, & Family Dollar
- High Growth Trade Area – Surrounded by Over 96,000 Residents Living w/in 3-Mile Radius
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
- Dallas | 4th Largest MSA in the United States | Population: 1.35 Million