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2502 Royal Ln
Dallas, TX 75229
7-Eleven Strip Center w/ Gas · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,107 SF
Building Class
B
Year Built/Renovated
1990/2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.62 AC
Zoning
RRD, Dallas
Parking
32 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
159’ on Royal Ln

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 2502 ROYAL LN , DALLAS, TX 75229

»» Extremely populated suburb of Dallas - There are over 100,968 – 236,000 residents within the 1-mile and 5-mile radius with 6% – 8% growth expected over the next 5 years! »» Hard Corner Location - Located on the main corridor of Royal LN ( VPD: 26,690) & Harry Hines Blvd (VPD: 32,000) just off of Interstate 35 ( VPD: 212,422) »» Major Retail Corridor – Royal Ln is one of the premier retail corridors in Dallas Texas that features McDonald’s, Wendy’s, Jack in the Box, Denny’s, Burger King and H-Mart. »» Two Major Airports within 10 Miles - DFW International Airport #4 Busiest Airport in The World & Dallas Love Field is ranked as the nation’s fastest growing airport in the past 10 years. »» H-Mart Mixed-Use Development – Situated on the corner of the shopping center that will include two 9,000 square feet buildings. Also included in the shopping center will be a two-story mixed-use building for restaurants, office, and retail and a single-story retail building. the new development will be able to house about 100 small businesses of all sorts. 6-story 157-unit condo is also included in the plan, adjacent to the H Mart building. »» Accelerated Depreciation – Sites that sell fuel typically allow for investors to depreciate improvements over an accelerated, 15-year schedule. This provides for major after-tax cash flow benefits and increases an investor’s overall return. *verify with CPA*

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0065620A000010000
Land Assessment
$323,820
Improvements Assessment
$1,976,180
Total Assessment
$2,300,000
  • Listing ID: 16903918

  • Date on Market: 8/13/2019

  • Last Updated:

  • Address: 2502 Royal Ln, Dallas, TX 75229

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