1850 Legends Trl - Sports and Entertainment FOR SALE
Carrollton, TX 75006 |
1850 Legends Trl
Carrollton, TX 75006
HIGHLIGHTS
- Rare, Large DFW Leasehold: 32 Acres off George W. Bush Turnpike Leased from The City of Carrollton through 2065;
- Includes 52,000 SF Indoor Soccer Facility (Subleased to TOCA through 2037); and 27 Acres Subleased to BVB International Academy America
- 7.25% Year 1 Cap Rate on Sublease Income
- Low Ground Rent Payment of Only $2,500 per Month on Entire 32 Acres through 2065; 100% of Ground Rent Currently Passed Through to Sub-Tenants
- Densely Populated, High-Income Area within the Fastest Growing Metroplex in the U.S: 326,000 Avg. Daily Population and High Average Household Income
- Future Redevelopment Opportunity: TOCA (4.61 Acres + Large Building) has Options through 2047;BVB International Academy(27.32 Acres + 2 Smaller Bldgs)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
TOCA Football Training Center - Carrollton
PROPERTY TYPE
Sports and Entertainment
TOTAL BUILDING SIZE
58875
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
31.93 AC AC
LAND SF
1,390,871 SF
ZONING
-
APN/PARCEL ID
140590400A02A0000
