Salad and Go | Glade Parks | Euless | 2120 Rio Grande Blvd
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Salad and Go | Glade Parks | Euless 2120 Rio Grande Blvd
865 SF Retail Building Euless, TX 76039 $2,440,000 ($2,821/SF) 6.25% Cap Rate
Investment Highlights
- New construction - 2024
- Located in one of top shopping centers in Texas
- NNN lease
Executive Summary
· Price reduced
· More than 117,000 people within a three-mile radius with average household incomes in excess of $144,000
· Absolute NNN 20-year corporate ground lease with zero landlord responsibilities and 10% bumps every 5-years
· Glade Parks ranks in the top 2% of shopping centers in Texas and Nationally with 6.4M annual visitors per Placer.ai
· Brand new 2024 construction
· Excellent traffic counts at the intersection of Hwy 121 & Cheek-Sparger Rd with more than 181,000 VPD
· HEB recently announced the construction of a new 119,000 SF store immediately south of the site with an estimated Q2 2026 opening
· More than 117,000 people within a three-mile radius with average household incomes in excess of $144,000
· Absolute NNN 20-year corporate ground lease with zero landlord responsibilities and 10% bumps every 5-years
· Glade Parks ranks in the top 2% of shopping centers in Texas and Nationally with 6.4M annual visitors per Placer.ai
· Brand new 2024 construction
· Excellent traffic counts at the intersection of Hwy 121 & Cheek-Sparger Rd with more than 181,000 VPD
· HEB recently announced the construction of a new 119,000 SF store immediately south of the site with an estimated Q2 2026 opening
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
865 SF
Building Class
B
Year Built
2024
Price
$2,440,000
Price Per SF
$2,821
Cap Rate
6.25%
NOI
$152,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.90 AC
Zoning
Planned Development
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 42930551 | Improvements Assessment | $0 |
| Land Assessment | $780,520 | Total Assessment | $780,520 |
PROPERTY TAXES
Parcel Number
42930551
Land Assessment
$780,520
Improvements Assessment
$0
Total Assessment
$780,520
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Salad and Go | Glade Parks | Euless | 2120 Rio Grande Blvd
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