This Sports & Entertainment Property is no longer advertised on LoopNet.com.
1850 Legends Trl
Carrollton, TX 75006
TOCA Football Training Center - Carrollton · Sports & Entertainment Property For Sale
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45,760 SF
INVESTMENT HIGHLIGHTS
Rare, Large DFW Leasehold: 32 Acres off George W. Bush Turnpike Leased from The City of Carrollton through 2065;
7.25% Year 1 Cap Rate on Sublease Income
Densely Populated, High-Income Area within the Fastest Growing Metroplex in the U.S: 326,000 Avg. Daily Population and High Average Household Income
Includes 52,000 SF Indoor Soccer Facility (Subleased to TOCA through 2037); and 27 Acres Subleased to BVB International Academy America
Low Ground Rent Payment of Only $2,500 per Month on Entire 32 Acres through 2065; 100% of Ground Rent Currently Passed Through to Sub-Tenants
Future Redevelopment Opportunity: TOCA (4.61 Acres + Large Building) has Options through 2047;BVB International Academy(27.32 Acres + 2 Smaller Bldgs)
PROPERTY FACTS
Property Type
Sports & Entertainment
Lot Size
31.93 AC
Building Size
45,760 SF
No. Stories
1
Year Built
2018
PROPERTY TAXES
Parcel Number
140590400A02A0000
Improvements Assessment
$0
Land Assessment
$2,086,310
Total Assessment
$2,086,310