1670 Interstate 20 W - Restaurant FOR SALE


Arlington, TX 76017
$6,880,000 USD
469-844-8890
1670 Interstate 20 W, Arlington, TX for Sale
$6,880,000 USD
Restaurant - FOR SALE
1/4
null | 5.5% Cap Rate

1670 Interstate 20 W
Arlington, TX 76017


OVERVIEW

Rare Opportunity to Acquire 2 Single Tenant Buildings on one of the busiest thoroughfares in DFW – Interstate 20/S. Cooper St. Both Tenants are on NNN Leases and allow for a full pass through of expenses – Passive Investment Vehicle. Both Tenants are on NNN Leases and allow for a full pass though of expenses, Including management, to allow as a Passive Investment Vehicle Sleep Number has already been established in the market for 14 years and relocated from within the Parks Mall to free standing retail site in 2020. Sleep Number has 2% Annual Increases in their Lease, allowing Compound Return year over year. Aspen Dental has a Scheduled 10% rental increase in 2026 and every 5 years. Combined Vehicle Traffic over 255,000 along Cooper and Interstate 20 make this one of the most desirable corners in Dallas-Fort Worth MSA.

FOR SALE DETAILS

PRICE

$6,880,000 USD

PRICE/SF

$787 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen Dental/Sleep Number

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

Food Service General

APN/PARCEL ID

06556973

ASK ABOUT THIS PROPERTY

Adam GottschalkSTRIVEMore Info
469-844-8890

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Adam GottschalkSTRIVEMore Info
469-844-8890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.