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POPEYES W/ DR-THRU | 20 YR ABSOLUTE NET LEASE 2015 E Belt Line Rd

2,835 SF Retail Building Carrollton, TX 75006 £2,317,592 (£817/SF) 5.25% Net Initial Yield

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
  • Positioned Along Area’s Traffic & Retail Corridor: Hard Corner - Easy Access & Excellent Visibility w/ Daily Traffic Counts of 32k+ Vehicles.
  • Densely Populated Affluent Area: Features an Average Household Income of more than $103k and over 352k People Residing within a 5-Mile Radius.
  • Complete 2024 High Quality Exterior and Interior Renovation including Roof. Site Features a Drive-Thru.
  • Strong Daytime Employment Area - Near Numerous Established Business Parks, Medical & Regional Office Spaces, Distribution Centers, Industrial & more.
  • The Site Benefits from its Close Proximity to Downtown Dallas - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.

Executive Summary

Strong Daytime Employment Area | Hard Corner Location | Densely Populated and Affluent Area | Near Interstate-35E | Minutes from The University of Texas at Dallas and Addison Airport | In Close Proximity to Numerous Schools

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,835 SF
Building Class
C
Year Built/Renovated
1975/2024
Price
£2,317,592
Price Per SF
£817
Net Initial Yield
5.25%
NOI
£121,674
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
0.56 AC
Zoning
LI, Carrollton
Parking
20 Spaces (7.05 Spaces per 1,000 SF Leased)
Frontage
129 ft on Belt Line Rd

Amenities

  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Popeyes
  • Retailer
  • 2,835 SF
  • -
  • Triple Net
  • Sep 2044
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Popeyes Retailer 2,835 SF - Triple Net Sep 2044

Links

1 of 1
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 14041010000000000 Improvements Assessment £470,995
Land Assessment £134,257 Total Assessment £605,252

PROPERTY TAXES

Parcel Number
14041010000000000
Land Assessment
£134,257
Improvements Assessment
£470,995
Total Assessment
£605,252
(858) 373-3184

  • Listing ID: 32187143

  • Date on Market: 19/06/2024

  • Last Updated:

  • Address: 2015 E Belt Line Rd, Carrollton, TX 75006

The Retail Property at 2015 E Belt Line Rd, Carrollton, TX 75006 is currently available For Sale. Contact The Mansour Group of Marcus & Millichap for more information.

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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 1 of 7
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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 2 of 7
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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 3 of 7
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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 4 of 7
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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 5 of 7
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2015 E Belt Line Rd, Carrollton, TX for sale Building Photo- Image 6 of 7
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© 2024 CoStar Group

POPEYES W/ DR-THRU | 20 YR ABSOLUTE NET LEASE | 2015 E Belt Line Rd
(858) 373-3184 x

POPEYES W/ DR-THRU | 20 YR ABSOLUTE NET LEASE | 2015 E Belt Line Rd

1/2

Alvin Mansour

(858) 373-3184

(858) 373-3184

Christopher Talia

(858) 373-3235

(858) 373-3235

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