5000 TX-114 | Northlake, TX 76262
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- LoopNet Team
5000 TX-114
Northlake, TX 76262
Northlake Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Retail Center in the High-Growth, Affluent Submarket of Northlake, TX (DFW)
- Rents Average $31.99 PSF NNN
- Features Parallel Positioning to Highway 114, Two (2) Outdoor Patios, an Average Suite Size of 2,141 SF, Shallow Bay Depth, Partial Masonry Constructi
- Average Base Lease Term Expiration of November 2026 with 3 Tenants Experiencing Rent Bumps During Their Primary Term
- Average Household Income Exceeds $109,700, $112,100 & $131,800 in 1, 3 & 5 Mile Radii, Respectively
- Across from Texas Motor Speedway; Hosts 4 NASCAR Races & Numerous Other Events Annually with Total Capacity Over 181,600 Spectators
PROPERTY FACTS
Property Type
Building Size
10,704 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.58 AC
PROPERTY TAXES
| Parcel Number | R713217 | Improvements Assessment | $1,831,336 |
| Land Assessment | $2,068,664 | Total Assessment | $3,900,000 |
PROPERTY TAXES
Parcel Number
R713217
Land Assessment
$2,068,664
Improvements Assessment
$1,831,336
Total Assessment
$3,900,000
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