Historical Retail Sale Listing - Sleep Experts

Retail For Sale

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Sleep Experts

Highway 377 & North Tarrant Parkway, Keller, TX 76248

N/A

4,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
4,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Retail (Other)
Retail Pad
Anchor
Property Use Type:
Investment
Cap Rate:
7.26%
Tenancy:
Single
Year Built:
2006
Lot Size:
0.51 AC
Listing ID
14733737
Last Updated
over 1 year ago

Highlights

  • Rapidly Growing Area in Keller
  • Surrounding Retailers Include: Albertsons, Home Depot, Kohl's, Buffalo Wild Wings, Michaels
  • 10-Year Absolute Triple Net Lease with Sleep Experts Inc.
  • 6.8 Percent Rental Bump in Year Six
  • Pad Site to Home Depot and Kohl's
  • Brand New Construction Deliverable January 2007

Description

Unique opportunity to purchase prime Dallas/Fort Worth real estate, along with a brand new 10-year NNN lease. Keller is one of the fastest growing cities in the Dallas/Fort Worth metroplex and has developed into a major retail attraction. The subject property fronts North Tarrant Parkway with excellent visibility and accessibility. Sleep Experts is raising the bar on what you should expect from a mattress retailer. Sleep Experts has 22 locations throughout the D/FW metroplex and has helped millions of customers get a better night's rest for over 50 years.

The subject property fronts North Tarrant Parkway at the entrance of a Home Depot/Kohl's shopping center. The site has great visibility from the traffic along North Tarrant Parkway. The property is uniquely positioned to benefit from shoppers and restaurant goers alike since it is located near Buffalo Wild Wings, Sonic, Linen's & Things, and Michaels. Keller has experienced one of the highest sales tax base increases in Dallas/Fort Worth and continues to grow at a rapid pace. It lies in the path of major residential, office, multi-family, and retail expansion.

Map of Highway 377 & North Tarrant Parkway, Keller, TX 76248 (Tarrant County)

Research for Highway 377 & North Tarrant Parkway, Keller, TX 76248 (Tarrant County)

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Created 8/3/2006