Tom Thumb Express - Dallas, TX

2720 Live Oak St
Dallas , TX 75204-5769

Tom Thumb Express - Dallas, TX - Retail for sale

Overview


JLL Capital Markets, Net Lease is pleased to present the unique opportunity to acquire a new construction Tom Thumb Express (the Property) ground lease located at the southeast corner of Live Oak and Texas Street in Dallas, TX. Positioned adjacent to the Dallas Central Business District (CBD), Deep Ellum and Uptown, the Property has an infill, high-barrier to entry location surrounded by dense, affluent demographics and the highest concentration of employment in DFW. The new construction Tom Thumb Express is the first of its kind, is on a 15-year ground lease, with a corporate Albertsons Companies guarantee and offers investors a secure income stream with zero management responsibility. Tom Thumb Express premier, infill location within Dallas urban core combined with the long lease term offers investors a generational investment opportunity in the heart of Dallas.
General
Property Type Retail
Tenure Type Sale / Purchase
Property Address 2720 Live Oak St, Dallas, TX 75204-5769
Land In Acres 0.63
Building Size 0.63  ac
Financial
Price $3,450,000
Cap Rate 4.00%
Current NOI $138,000.00
Lease
Tenant's Name Tom Thumb Food Stores
Lease Expiration Date 07/01/2033
Remaining Term 14.4Yrs

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