W. CENTERVILLE RD – GARLAND, TX

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HIGHLIGHTS

  • New 15 – Year Corporate Absolute NNN Lease
  • Located at the intersection of two popular thoroughfares/commercial corridors in the region, Centerville Rd. (39,380 VPD) and Northwest Hwy (28,085 VPD)
  • Close proximity to a traffic dense highway. Half-a-mile northeast of the popular DFW thoroughfare, I-635 (200,972 VPD)
  • 7- Eleven is located directly east of the Meadow Creek Village Shopping Center and directly south of Meadow Creek Square Shopping Center, which is anchored by the popular grocery store tenant, Tom Thumb. 

 


PROPERTY – 806 W. CENTERVILLE RD., GARLAND, TX 75041 
New 2506 +/- SF building on .51 +/- acre site

Built in 2019

7- Eleven is located directly east of the Meadow Creek Village Shopping Center and directly south of Meadow Creek Square Shopping Center, which is anchored by the popular grocery store tenant, Tom Thumb. Corporate absolute triple net lease with no landlord responsibility, and 10% rent increases every 5 years in the primary term and option periods for a great hedge against inflation. 


TRAFFIC COUNTS

  • CENTERVILLE RD. (39,380 VPD)
  • NORTHWEST HWY (28,085 VPD)

LEASE OVERVIEW
  • Lease Type: 15 Corporate Absolute NNN
  • Rent Increase: 10% Every 5 Years in the Primary Term and Option Periods
  • Net Operating Income: $208,977