1372 Belt Line Rd - Freestanding FOR SALE
Garland, TX 75040 |
$3,423,694 USD
202-536-3726
1372 Belt Line Rd
Garland, TX 75040
HIGHLIGHTS
- TOP PERFORMING CVS WITH LONG OPERATING HISTORY – This location has had a successful operating history since it opened in 2000
- ABSOLUTE NNN LEASE – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- HIGHLY VISIBLE LOCATION – The subject property is ideally located at a signalized intersection along major roadways and has over ±21,500 VPD
- AFFLUENT SUBMARKET – The average household income in the surrounding 5 miles is over $95,804 per year
- STRONG SALES REPORTING – This location has a history of strong sales reports; $9,381,660 in sales for 2022 and $9,085,061 for 2023.
- PROXIMITY TO POPULAR RETAILERS – Popular retail destinations in the surrounding area include Dollar Tree, Babe’s Chicken Dinner House, Tanya’s Café,
FOR SALE DETAILS
PRICE
$3,423,694 USD
PRICE/SF
$314 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.26 AC
LAND SF
54,999 SF
ZONING
SCA
APN/PARCEL ID
26406600011R10000
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202-536-3726
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202-536-3726
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