5201 Ross Ave
Dallas, TX
Price:
$3,793,103
Cap Rate:
4.35%
NOI:
$165,000
Building Size:
Approx. 2,724 Sq. Ft.
Lot Size:
Approx. 0.52 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2016
Investment Overview
- 2016 Construction. 2,724+/- SF Building on 0.52+/- Acre Site
- 11+/- Yrs Remaining on Corporate Ground Lease w/ Zero Landlord Responsibility
- (5) 5 Yr Renewal Options w/ 10% Rental Increases Every 5 Yrs in Primary Term & Options
- Centrally Located Between US-75 and I-30 (147K VPD) Near Affluent Neighborhoods
- Near Target, PetSmart, Ross Dress for Less, Famous Footwear, Aldi, Best Buy, JOANN
- Raising Cane’s is one of the Fastest Growing QSR Chains in the US
- Strong Income Demos w/ an est. $140,571 Within a 3 Mile Radius
- Dallas | 49 Million Tourists Annually | Population: 1.34 Million+