The Ranch at Las Colinas | 857 W John Carpenter Fwy
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The Ranch at Las Colinas 857 W John Carpenter Fwy
15,312 SF Retail Building Irving, TX 75039 For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Lease with 9 years remaining, plus options. Rental increases each 5 years. No landlord responsibilities.
- Excellent quality construction with direct highway frontage and easy access.
- Prime location in the heart of Las Colinas (Irving/Dallas-Fort Worth, Texas)
EXECUTIVE SUMMARY
Prime absolute net lease investment opportunity.
15-Year original restaurant lease term with 9 Years remaining. 10% rental rate increase in July 2027.
One, 10-Year, and one, 5-year renewal option; 10% increases each 5 years.
Outstanding location in a high-growth, affluent Urban Infill area—Heart of Las Colinas. 8 Fortune 500 companies have global headquarters in Irving and 53 Fortune 500 companies have offices in the city. Approximately 3 miles east of Dallas-Fort Worth International Airport - the 4th busiest airport in the U.S.
Profitable and well known restaurant with growing sales revenue. Guarantee from Front Burner Restaurants, LP.
Call for pricing.
15-Year original restaurant lease term with 9 Years remaining. 10% rental rate increase in July 2027.
One, 10-Year, and one, 5-year renewal option; 10% increases each 5 years.
Outstanding location in a high-growth, affluent Urban Infill area—Heart of Las Colinas. 8 Fortune 500 companies have global headquarters in Irving and 53 Fortune 500 companies have offices in the city. Approximately 3 miles east of Dallas-Fort Worth International Airport - the 4th busiest airport in the U.S.
Profitable and well known restaurant with growing sales revenue. Guarantee from Front Burner Restaurants, LP.
Call for pricing.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,312 SF
Building Class
B
Year Built
2001
NOI
$357,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.52 AC
Zoning
Z393 - The property meets local zoning requirements.
Parking
125 Spaces (8.16 Spaces per 1,000 SF Leased)
Frontage
244 FT on John W Carpenter Fwy
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 322592500A0040000 | Improvements Assessment | $3,400,780 |
| Land Assessment | $1,324,220 | Total Assessment | $4,725,000 |
PROPERTY TAXES
Parcel Number
322592500A0040000
Land Assessment
$1,324,220
Improvements Assessment
$3,400,780
Total Assessment
$4,725,000
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The Ranch at Las Colinas | 857 W John Carpenter Fwy
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