Retail Space /TX /Dallas County /Irving /503 S MacArthur Blvd
Retail Space /TX /Dallas County /Irving /503 S MacArthur Blvd

503 S MacArthur Blvd - Freestanding FOR SALE


Irving, TX 75060 | 
$989,000 USD
954-703-3602
503 S MacArthur Blvd, Irving, TX for Sale
$989,000 USD
Freestanding - FOR SALE
1/5
null | 6.85% Cap Rate
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503 S MacArthur Blvd
Irving, TX 75060

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HIGHLIGHTS

  • Over 2 Years Remaining | Corporate Guaranteed | Investment Grade Tenant (S&P: BBB) | Options to Extend
  • Limited Landlord Responsibilities | Fee Simple Ownership | NN Lease
  • Strong National/Credit Tenant Presence | Nearby Schools |Signalized, Hard Corner Intersection | Dense Retail Corridor
  • Local Demographics in 5-Mile Trade Radius | Direct Consumer Base

OVERVIEW

• The tenant, Family Dollar, has over 2 years remaining on its current lease with 3 (5-year) options to extend • Corporate Guaranteed lease by Family Dollar Stores, Inc (S&P: BBB) • Subject property is paying below market rents at around $8/sq ft. vs $20 market rents (i.e. Costar)

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Irving TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

General Commercial

APN/PARCEL ID

32242450010010000

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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

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