Log In/Sign Up
Your email has been sent.
2090 E Arapaho Rd
Richardson, TX 75081
Retail Property For Sale
Investment Highlights
- Absolute net investment opportunity
- Ideal for 1031 exchange buyers
- Strong credit tenant
- Free standing building fronting Arapaho Rd
- Drive-thru potential
- Tenant is responsible for roof and structure
Executive Summary
This is a rare opportunity to acquire a true passive, absolute NNN investment in the heart of Richardson, featuring zero landlord responsibilities and a brand-new 5-year+ sale-leaseback at closing.
The offering is backed by an established owner-user operating two synergistic businesses—Noble Fine Jewelry Headquarters (~5,000 SF) and Aqua Event Center Hall (~6,000 SF). The tenant’s owner-operator status aligns interests and reinforces long-term occupancy, providing investors with durable and reliable income.
Positioned within a dense, affluent DFW submarket with over 362,000 residents within a 5-mile radius, the Property benefits from strong retail fundamentals, high consumer spending power, and excellent accessibility.
This investment is ideally suited for investors seeking:
- Passive, management-free income (absolute NNN)
- Sale-leaseback security with aligned tenancy
- Strong real estate fundamentals in a top-tier DFW corridor
- Ideal for 1031 exchange buyers
The offering is backed by an established owner-user operating two synergistic businesses—Noble Fine Jewelry Headquarters (~5,000 SF) and Aqua Event Center Hall (~6,000 SF). The tenant’s owner-operator status aligns interests and reinforces long-term occupancy, providing investors with durable and reliable income.
Positioned within a dense, affluent DFW submarket with over 362,000 residents within a 5-mile radius, the Property benefits from strong retail fundamentals, high consumer spending power, and excellent accessibility.
This investment is ideally suited for investors seeking:
- Passive, management-free income (absolute NNN)
- Sale-leaseback security with aligned tenancy
- Strong real estate fundamentals in a top-tier DFW corridor
- Ideal for 1031 exchange buyers
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,560 SF
Building Class
B
Year Built
1997
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.09 AC
Zoning
LRM-2, Richardson
Parking
37 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
86’ on E Arapaho Rd
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 420617000A0030000 | Improvements Assessment | $2,019,510 |
| Land Assessment | $380,890 | Total Assessment | $2,400,400 |
Property Taxes
Parcel Number
420617000A0030000
Land Assessment
$380,890
Improvements Assessment
$2,019,510
Total Assessment
$2,400,400
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
