3924 Teasley Ln - Freestanding FOR SALE
Denton, TX 76210 |
3924 Teasley Ln
Denton, TX 76210
HIGHLIGHTS
- Corporate Guaranteed Single Tenant Asset Adjacent to Walmart Neighborhood Market Located in the High-Growth Denton, TX (DFW)
- Dollar Tree, Inc. (NASDAQ: DLTR) Credit Rated “BBB” by S&P, Considered Investment Grade; Over $30.6 Billion of Revenue in 2024
- Annual Rent of $14.75 PSF NN (Roof & Structure is Landlord's Responsibility)
- 6 Years Remaining on Primary Term with $0.50 PSF Escalations During Each of the Three (3), Five-Year Renewal Options
- Below Replacement Cost at $236.08 PSF
- Average Household Income Exceeds $139,200, $128,800 & $116,000 in a 1, 3 & 5 Mile Radii Respectively
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
8620
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R650757
