SWIG 1650 Interstate 20 510 SF 100% Leased Retail Building Arlington, TX 76017 $1,495,000 ($2,931.37/SF) 5.69% Cap Rate
EXECUTIVE SUMMARY
Brand New 2024 Construction
10 Year Lease with Rare 2% Annual Rent Increase in Primary and Option Periods
Corporate Lease | Savory Swig Stores, LLC | 40 Locations Across the Midwest
Strategic Location for Swig in the DFW Market – With over 1MM SF of Retail and Mall Space in Vicinity
4 Miles From University of Texas Arlington – Over 40,000 Enrolled students and 9 High Schools within 5 mil Radius
Interstate-20 Frontage Visibility – With over 255,000 VPD
25 Minutes to Downtown Dallas
10 Year Lease with Rare 2% Annual Rent Increase in Primary and Option Periods
Corporate Lease | Savory Swig Stores, LLC | 40 Locations Across the Midwest
Strategic Location for Swig in the DFW Market – With over 1MM SF of Retail and Mall Space in Vicinity
4 Miles From University of Texas Arlington – Over 40,000 Enrolled students and 9 High Schools within 5 mil Radius
Interstate-20 Frontage Visibility – With over 255,000 VPD
25 Minutes to Downtown Dallas
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
510 SF
Year Built
2024
Price
$1,495,000
Price Per SF
$2,931.37
Cap Rate
5.69%
NOI
$85,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
0.59 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06556973 | Improvements Assessment | $44,247 |
| Land Assessment | $464,886 | Total Assessment | $509,133 |
