801 E Sh 121 Bus | Lewisville, TX 75057
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801 E Sh 121 Bus
Lewisville, TX 75057
QuikTrip Gas-Station & Convenience Store · Retail Property For Sale
Investment Highlights
- Corporate guaranteed lease by QuikTrip Corporation, one of the nation’s largest privately held companies with annual revenues in excess of $11.4B
- 15 year lease which commenced in 2011 leaving approximately 6 years remaining on the initial term
- Positioned at the signalized intersection of East State Highway 121 and E Main Street, the property experiences combined traffic counts 58,700 VPD
- Absolute net lease with zero landlord responsibilities
- Rent increases between each of the seven 5-year renewal options
- Affluent area with average household income in excess of $110,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
5,313 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.76 AC
Zoning
Commercial
Parking
45 Spaces (8.46 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | R468239 | Improvements Assessment | $872,303 |
| Land Assessment | $1,147,697 | Total Assessment | $2,020,000 |
PROPERTY TAXES
Parcel Number
R468239
Land Assessment
$1,147,697
Improvements Assessment
$872,303
Total Assessment
$2,020,000
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