320 E Main St - Supermarket FOR SALE


Crowley, TX 76036
$6,071,000 USD
214-960-2835
320 E Main St, Crowley, TX for Sale
$6,071,000 USD
Supermarket - FOR SALE
1/8
null | 7.65% Cap Rate

320 E Main St
Crowley, TX 76036


HIGHLIGHTS

  • Priced Below Replacement Cost at $134.47 PSF; Average Rents of Only $10.29 PSF NNN
  • Ninja Kidz Action Park: Based on YouTube’s 10B+ Views Ninja Kidz TV, 6 Locations in 5 States & Nationwide Expansion Plans
  • Average Base Lease Term Expiration of May 2032 with Built-in Rent Escalations in the Primary Term
  • Within 1.5 Miles of Karis, a 565-Acre Master-Planned Residential Community with 2,025+ Homes
  • Over 27 Public & Private Schools in Crowley ISD with Over 16,500 Students Enrolled

OVERVIEW

Dill Dinkers Pickleball and Ninja Kidz Action Park is a 45,146 square foot retail asset located in the emerging and high-growth Dallas/Fort Worth submarket of Crowley, Texas. Positioned along E Main Street and at the intersection of S and N Crowley Road, the Property is approximately 25 minutes south of Downtown Fort Worth and 40 minutes from Dallas Fort Worth International Airport. Dill Dinkers Pickleball and Ninja Kidz Action Park is 100% leased to a dynamic dual-tenant mix featuring Dill Dinkers Pickleball and Ninja Kidz Action Park, two rapidly expanding national brands in the active lifestyle and family entertainment sectors. The Property benefits from strong access and visibility with parallel positioning to E Main Street, a primary east-west connector and one of Crowley’s most heavily trafficked thoroughfares. Additionally, Dill Dinkers Pickleball and Ninja Kidz Action Park sits on a +/- 3.65-acre parcel with multiple egress/ingress points, four along E Main Street, and 2 along S Crowley Road. Rents average just $10.29 per square foot NNN, providing long-term upside in rent growth. Listed at a 7.65% cap rate, the Property is priced below replacement cost at $134.47 per square foot to the building.

FOR SALE DETAILS

PRICE

$6,071,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dill Dinkers Pickleball and Ninja Kidz Action

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

275

LAND DETAILS

CROSS STREETS

Fm 1187

LAND ACRES

3.65 AC

LAND SF

158,994 SF

ZONING

GC, Crowley

APN/PARCEL ID

42446986

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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