502 N Interstate 35 Rd E - Freestanding FOR SALE
Red Oak, TX 75154 |
502 N Interstate 35 Rd E
Red Oak, TX 75154
HIGHLIGHTS
- Brand New 15-Year Absolute Net Lease Adjacent to Walmart Supercenter within the Primary Retail Corridor of Red Oak, Texas (DFW)
- Zero Landlord Responsibilities
- Primary Lease Term Through 2038 with 10% Rent Escalations Every Five Years
- Over 650,000 SF of Retail GLA with National Retailers such as Walmart Supercenter, CVS, Walgreens, Brookshires, Starbucks, Chipotle, Panda Express, T-
- Average Household Income Exceeds $107,200 & $108,200 in a 3 & 5 Mile Radii, Respectively
- Interstate 35 & Ovilla Road Intersection (Combined 101,200+ VPD)
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Shipley Do-Nuts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
1750
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
181521
