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Off Market
1/12

8505 Lakeview Pky
Rowlett, TX 75089


OVERVIEW

- New 10-Year Lease that Commenced February 2019 with a 8.9% Rent Increase after the 5th Year. - Strong Corporate Tenant — Spec’s Family Partners, LTD - Spec’s Wine, Spirits & Finer Foods is the Largest and Most Dominant Liquor Store Chain in the Southwest with over 165 Locations - Densely Populated Area with Almost 140,000 Residents Within a 5-Mile Radius — a 28% Increase Over the Last Several Years - The Average Household Income Within a 3-Mile Radius is $116,699 — Over 1.5x the National Average - Situated on the Corner of Lakeview Pkwy (Texas State Highway 66) and Dalrock Rd in Rowlett. Traffic Counts Along Hwy 66 Exceeds 34,000 Vehicles per Day, while over 16,000 Vehicles Travel on Dalrock Rd Daily - Surrounding National Retailers Include Tom Thumb, Walmart Neighborhood Market, CVS, Whataburger, McDonald’s, Walgreens, Wendy’s, Sonic Drive-In, Taco Bell, Petco, Starbucks, Dollar General, Taco Bueno and Many More

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Spec's - Rowlett, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

61566

STORIES

1

YEAR BUILT

1997

SPRINKLERS

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PARKING SPACES

300

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

44001370012R10000,44001370012R20000,44001370012R3A000