2425 Division StArlington, TX 76012
For Sale
$3,006,000
Arlington, TX: High-traffic, NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- Absolute NNN Lease: Zero landlord responsibilities; tenant covers all CAM, taxes, insurance, roof, and structure. Passive investment.
- Corporate Guarantee: Lease backed by QuikTrip Corporation ($11B), a strong credit tenant with ~11,085 nationwide locations.
- Long-Term Lease: Approximately 9 years remaining on the initial term, plus ten 5-year renewal options with rent increases.
- Signalized Intersection: High-traffic location at W Division St (~21,000 VPD) and N Bowen Rd (~15,000 VPD).
- Major MSA Location: Three miles east of AT&T Stadium, Globe Life Field, and Texas Live!, attracting millions of visitors annually.
- Potential 60% Bonus Depreciation: Fee simple ownership may allow for accelerated bonus depreciation (consult your CPA).
Property Details for 2425 Division St
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 4,847 SF
- Class
- A
- Year Built/Renovated
- 2002/2016
- Lot Size (sq. ft)
- 63,598 SF
Location Insight
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Latitude
- 32.7366065
- Longitude
- -97.1485111
2425 Division St, Arlington, Texas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Arlington, TX: High-traffic, NNN lease.
- Where is the retail property located?
- The property is located at 2425 Division St Arlington, TX.
- What is the asking price?
- The asking price for this property is $3,006,000.
- What are key features of this property?
- This property features: Absolute NNN Lease: Zero landlord responsibilities; tenant covers all CAM, taxes, insurance, roof, and structure. Passive investment.; Corporate Guarantee: Lease backed by QuikTrip Corporation ($11B), a strong credit tenant with ~11,085 nationwide locations.; Long-Term Lease: Approximately 9 years remaining on the initial term, plus ten 5-year renewal options with rent increases.
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