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7-Eleven Ground Lease (5.5 CAP w/Bumps)
4225 Park Springs, Arlington, TX 76016
35,000 SF | Retail
Retail Property - Off Market
- Building Size:
- 35,000 SF
- Property Type:
- Property Sub-type:
- Free Standing Bldg
- Property Use Type:
- Cap Rate:
- Property on Ground Lease?:
- Lot Size:
- 35,000 SF
- Listing ID
- Last Updated
- over 1 year ago
- 15-Year - Unsubordinated Ground Lease
- $25/Square Foot to the "Dirt"
- 12% Bumps Every 5 Years
- Hard Corner Location - Fronting Interstate 20
- Lease Commenced February 1st, 2003
- Population >250,000 within 5 miles
12% Rent Bumps every 5 years. 2003 Construction. Unsubordinated, 15-year ground lease with 7-Eleven! Hard corner, fronting Interstate 20 (NW corner at Park Springs) in Arlington, Texas.
Arlington is halfway between Dallas and Fort Worth in east Tarrant County. It was founded in 1876 on the Texas and Pacific Railway as a market town for the surrounding farms.
More than 332,000 people call Arlington home. For fun and excitement, an additional 6.5 million visitors choose Arlington each year. Home to the Texas Rangers, the original Six Flags Over Texas and much more, Arlington has become a center for family entertainment, educational excellence, cultural resources and events.
Map of 4225 Park Springs, Arlington, TX 76016 (Tarrant County)
Research for 4225 Park Springs, Arlington, TX 76016 (Tarrant County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO