2672 Old Denton Road
Carrollton, TX
Price:
$3,059,000
Cap Rate:
4.25%
NOI:
$130,000
Building Size:
Approx. 3,198 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 3,198+/- SF Building on 1.053+/- Acre Site
- New 15 Yr Corporate Ground Lease w/ Zero Landlord Responsibility & (5) 5 Yr Renewal Options
- High-Traffic Location Just off of President George Bush Turnpike (125K VPD) on Old Denton Rd (24K VPD)
- Subject Property is Located in a Shopping Center Anchored by a Walmart Supercenter & Lowe’s
- Strong Income Demo’s w/ an est. $110,512 Within a 1 Mile Radius of the Site
- Raising Cane’s is One of the Fastest Growing QSR Chains in the U.S.
- Carrollton | Part of the DFW Metroplex | Population: 137,000+