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- LoopNet Team
1325 E Belt Line Rd
Richardson, TX 75081
Corporate Smoothie King Ground Lease · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 1325 E BELT LINE RD , RICHARDSON, TX 75081
Real Capital Investments is pleased to offer to qualified investors a corporately guaranteed Smoothie King ground lease situated on approximately 30,205 square feet or 0.6934 acres of land. The property is strategically located at the intersection of Belt Line Road and Plano Road in Richardson, TX. Traffic counts at this intersection exceed 69,000 vehicles per day. The property is an outparcel to a new Youfit Health Club and across from Richardson Square, a 575,000+ square foot shopping center anchored by Super Target and Lowe’s. This is a dense, infill area with over 360,000 people living in a 5-mile radius of the property. Average household income within this 5-mile radius is over $88,000. Additionally, there are over 242,000 daytime employees within a 5-mile radius. The lease is an absolute NNN ground lease, the safest type of real estate, with no landlord responsibilities whatsoever, creating a safe, passive income stream for an investor.
PROPERTY TAXES
| Parcel Number | 422205000A08A0000 | Improvements Assessment | $582,540 |
| Land Assessment | $362,460 | Total Assessment | $945,000 |
PROPERTY TAXES
