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2820 W Interstate 20
Grand Prairie, TX 75052
Golden Corral of Grand Prairie, TX · Retail Property For Sale
Investment Highlights
- ABSOLUTE NET LEASE - The landlord has no financial obligation towards any expenses associated with maintenance or repairs.
- STRONG DEMOGRAPHICS - The subject property is located in a market totaling over 317,000+ in population with 103,000+ households (5-mile radius).
- NON-INCOME TAX STATE - As of 2020, seven states - Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming levy no personal income tax.
- RENTAL RATE ESCALATIONS - The GC lease provides for base rental rate escalations of 2% bi-annually beginning in 2022 and ending in January 2028.
- FACILITY LOCATION - Traffic counts in excess of 168,000 vehicles per day. Directly in front of the Grand Prairie Premium Outlets (100 stores).
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,330 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.00 AC
Zoning
C - Commercial
Parking
190 Spaces (17.39 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 41008170 | Improvements Assessment | $2,520,255 |
| Land Assessment | $697,752 | Total Assessment | $3,218,007 |
Property Taxes
Parcel Number
41008170
Land Assessment
$697,752
Improvements Assessment
$2,520,255
Total Assessment
$3,218,007
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