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| Price $4,671,337 | Built/Renov 2001 | Tenant Kwik Kar |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,511
| Lease Start
05-13-2022
| #Units
350
|
| Price/SF $847.64 | Expiration
05-31-2042
| Tenant Type Automotive |
| NOI $326,993 | R. Term 17.5 | Ownership Fee Simple |
| Rent/SF
$59.33
| Increases 2.0%/1/yrs | Pop 5Mi 358,241 |
| Lot/AC 1.25 | Options 4/5yrs/2% | AHHI 5Mi $157,383 |
| | |
This Kwik Kar is strategically positioned along Custer Rd., which sees approximately 23,422 vehicles passing by daily. It is also located just off the Sam Rayburn Tollway (59,880+ VPD). The site benefits from being less than 1 mile from a major retail hub with national tenants such as: Walmart Supercenter, Target, Lowe’s and more, creating a strong drive to the trade area. Over 358,241...
...Near major nationals
Highway close
Dense 200M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Kwik Kar offers the complete package of auto repair services and specializes in full-service oil changes, scheduled maintenance, state inspections, and many other automotive repair services. Kwik...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 15,244 | 136,043 | 377,828 |
| 2023 Total Population : | 14,617 | 128,434 | 358,241 |
| 2023 Employed Civilian Pop : | 8,203 | 69,232 | 192,723 |
| 2023 Total Businesses : | 373 | 2,511 | 11,102 |
| 2023 Average Household Income : | $ 171,041 | $ 180,629 | $ 157,383 |
| 2023 Total Consumer Spending : | $ 756 M | $ 6665 M | $ 17094 M |
| 2023 Median Age : | 34 | 36 | 36 |
| 2023 Total Households : | 5,180 | 43,825 | 128,310 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,353 | 31,926 | 92,017 |
| 2023 Average Home Value : | $ 543,591 | $ 514,677 | $ 471,913 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Custer Rd | Ridgeview Dr | 2009 | 24,120 | 0.05 mi |
| Ridgeview Dr | Custer Rd | 2009 | 3,340 | 0.17 mi |
| Ridgeview Dr | Ridgeview Ranch Golf Club | 2009 | 3,990 | 0.22 mi |
| Custer Rd | Rowlett Rd | 2012 | 23,494 | 0.45 mi |
| Hwy 121 Access Rd | Rowlett Cemetery Rd | 2006 | 18,588 | 0.45 mi |
| Custer Rd | Burnside Dr | 2012 | 23,544 | 0.49 mi |
| Hwy 121 Access Rd | Rowlett Cemetery Rd | 2012 | 12,393 | 0.52 mi |
| Sam Rayburn Tollway | Independence Pkwy | 2021 | 74,971 | 0.55 mi |
| Custer Rd | Hwy 121 Access Rd | 2016 | 33,770 | 0.72 mi |
| Custer Road | Custer Rd | 2020 | 34,284 | 0.72 mi |
High Point, NC
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Cap Rate 6.65%
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Springfield, OH
Cap Rate 6.25%
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Tulsa, OK
Cap Rate 6.90%
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Cap Rate 6.75%
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Size/SF 4,241
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Fort Worth, TX
Cap Rate 6.75%
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Arvada, CO
Cap Rate 6.50%
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West Allis, WI
Cap Rate 6.50%
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Size/SF 3,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
