2304 W Mockingbird Ln
Dallas, TX 75235
Smoothie King · Retail Property For Sale

Real Capital Investments is pleased to offer to qualified investors a corporately guaranteed Smoothie King ground lease situated on approximately 22,271 square feet or 0.511 acres of land. The property is strategically located at the intersection of W Mockingbird Lane & Forest Park Road, directly across the street from the new West Love development, one of the most prominent urban, infill developments in Dallas. The $200-million-dollar project consists of 37 acres of land with 368 luxury apartments, a 244 room Aloft Hotel, 200,000 square feet of class-A office space and over 35,000 square feet of premier retail and restaurant space. The property is adjacent to Southwestern Medical District, a 1,000+ acre medical campus employing over 35,000 people and serving over 2.8 million patients annually. The property also benefits from its close proximity to Dallas Love Field Airport, which had over 15.5 million passengers in 2016. Love Field is also home to the Southwest Airlines corporate campus, currently undergoing a 750,000 SF expansion. Traffic counts at the intersection of Mockingbird & Forest Park exceed 42,000 vehicles per day. This is a dense, infill area with over 346,000 people living in a 5-mile radius of the property. Average household incomes within this 5-mile radius are over $128,000. Additionally, there are over 153,000 employees within a 3-mile radius and over 412,000 employees in 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. This is a top performing location for Smoothie King with very high unit volume sales.