For Sale
$4,995,000

440 Buckner BlvdDallas, TX 75217

High-yield, net-leased retail property in Dallas, TX.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 5,491 square foot multi-tenant retail building situated on a 0.593-acre lot in Dallas, Texas. The property boasts a prominent location along Buckner Boulevard and is adjacent to the C.F. Hawn Freeway, experiencing high vehicular traffic volume (53,000 VPD and 92,000 VPD respectively). The anchor tenant is a 7-Eleven, a globally recognized brand with an S&P rating of A, operating under a 15-year corporate net lease with built-in rent increases of 10% every five years, beginning in year six of the primary term and year sixteen of the option periods. This provides significant long-term income stability and growth potential. The building, constructed in 2012, also includes two additional local tenants, further diversifying the income stream. These tenants have leases with annual rent increases. The property offers a compelling 6.75% cap rate and a strong net operating income (NOI) of $337,106, making it an attractive addition to any portfolio. The Dallas-Fort Worth metroplex, the fourth largest in the United States, provides a robust and growing market, home to numerous Fortune 500 companies. This property's strategic location, strong tenant mix, and favorable lease terms make it a truly exceptional investment opportunity. The asking price is $4,995,000.

Highlights

  • $4,995,000 asking price for a net-leased retail property.
  • 5,491 square feet on a 0.593-acre lot, with a 6.75% cap rate and $337,106 NOI.
  • 100% occupancy with a corporate-guaranteed, single-tenant 7-Eleven lease.
  • 10-year remaining lease term with four 5-year options, including 10% rent increases every 5 years.
  • Additional tenants include Taqueria Los Cuates and Le Mode Torres Boutique with shorter-term leases.
  • Located in Dallas, TX at 440 S Buckner Blvd, a high-traffic area.

Property Details for 440 Buckner Blvd

Property type
Retail properties, Retail space
Square Feet
5,491 SF
Year Built
2012
Lot Size (sq. ft)
25,831 SF

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7191946
Longitude
-96.6827346
440 Buckner Blvd, Dallas, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
440 Buckner Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message