2920 N Westmoreland Rd - Freestanding FOR SALE


Dallas, TX 75212
$4,556,329 USD
760-809-3626
2920 N Westmoreland Rd, Dallas, TX for Sale
$4,556,329 USD
Freestanding - FOR SALE
1/19
null | 5.34% Cap Rate

2920 N Westmoreland Rd
Dallas, TX 75212


HIGHLIGHTS

  • 15-Year Absolute NNN Lease - 11 Years Remaining
  • CAP Rate Increases to 5.33% in 2026
  • 10% Rent Increases Every 5 Years
  • 5 Miles From Downtown Dallas
  • High Traffic Counts
  • Dense Infill Location

OVERVIEW

ACRE Investment Real Estate Services is proud to present this Absolute NNN investment occupied by a corporate-leased 7-Eleven. The lease terms are 15 years starting in January 2020, with 10% rent increases every 5 years and four 5-year option periods. The 3,060 SF free-standing building is located in the thriving Dallas area. The CAP rate increases to 5.34% in January 2025. Seller will capitalize from closing through the remainder of 2024 to achieve 5.34% CAP rate.

FOR SALE DETAILS

PRICE

$4,556,329 USD

PRICE/SF

$1,489 USD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

Z115

APN/PARCEL ID

00000700771000000

ASK ABOUT THIS PROPERTY

Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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