13398 Preston Rd | Dallas, TX 75240
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- LoopNet Team
13398 Preston Rd
Dallas, TX 75240
Chase Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Deposits – For the fiscal year of 2024, Chase reported deposits of $248,225,000.
- 10% Rent Increases Every 5-Years – First Rent Bump occurs 2/1/2027 and continues on Every 5 Years throughout the option periods.
- Multiple Drive Thru Lanes – Built in 2011, this location has 3-drive thru lanes, allowing excellent flow of traffic and quick access to services.
- Chase Bank Guaranty – A+ Credit Rating according to the S&P 500 Index.
- Four (4), Five-Year Options to Renew the Lease – Allowing for a potential 20 additional years of rent from the Tenant after the base term expires.
- Excellent Visibility – This bank is situated on ±0.42 AC of land along Preston Rd, which sees ±54,100 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
3,843 SF
Building Class
B
Year Built/Renovated
2011/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.42 AC
Parking
18 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
326’ on Preston Road
AMENITIES
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 007438000A0020000 | Improvements Assessment | $1,507,890 |
| Land Assessment | $407,700 | Total Assessment | $1,915,590 |
PROPERTY TAXES
Parcel Number
007438000A0020000
Land Assessment
$407,700
Improvements Assessment
$1,507,890
Total Assessment
$1,915,590
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