2865 Valley View LnFarmers Branch, TX 75234

Property Details for 2865 Valley View Ln

Year built

1974

Construction

TILT-UP CONCRETE

Lot size

1.71 AC

Property size (Sq ft)

27,820 SF

Zone code

Z141

Property type

Outlet malls

APN

24114250010010000

APU

24114250010010000

Description

This exceptional investment opportunity presents a fee-simple, 29,036 square foot Big Lots convenience store and grocery store in Farmers Branch, Texas. Located at 2865 Valley View Ln, 75234, this property boasts a 20-year absolute NNN lease with a corporate guarantee from Big Lots, Inc. (NYSE: BIG), ensuring consistent income with a 2% annual rent increase. The property sits on a 73,811 square foot lot and currently enjoys 100% occupancy, generating a strong net operating income (NOI) of $177,234, representing a 6.25% cap rate. The asking price is $2,835,751 ($97.66/sq ft). The property is offered as a 1031 exchange opportunity and is free and clear of debt. The strong demographics within a five-mile radius (over 333,000 population, average household income exceeding $93,000) further enhance the investment's appeal. The large lot size presents potential for future value-add opportunities, such as pad development, subject to tenant approval. This is a rare chance to acquire a well-positioned, high-performing retail asset with significant long-term growth potential.

Location Insight

City

Farmers Branch

County

Dallas

State

Texas

Latitude

32.9252

Longitude

-96.8827

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].