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QuikTrip 1900 Lakeview Pky

3,935 SF Retail Building Rowlett, TX 75088 $4,279,216 CAD ($1,087 CAD/SF) 5.75% Cap Rate

Retail Space Texas Rowlett 1900 Lakeview Pky, Rowlett, TX 75088

Investment Highlights

  • Absolute Net Lease with 1.8 Years Remaining – 18-Year Operating History
  • Prime Location in a Busy Retail Corridor – Across from The Home Depot and Walmart Supercenter
  • Signalized Hard Corner Location on Lakeview Parkway and Dexham Road; Combined Traffic Counts Exceed 39,416 Vehicles per Day
  • Large 2.09 Acre Parcel with Ample Parking and Multiple Access Points

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease QuikTrip in Rowlett, TX. The property consists of a 5,016-square-foot, freestanding building that sits on approximately 2.09 acres of land. There are 1.8 years remaining on the lease.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,935 SF
Building Class
B
Year Built
2006
Price
$4,279,216 CAD
Price Per SF
$1,087 CAD
Cap Rate
5.75%
NOI
$245,994 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.09 AC
Zoning
Z94
Parking
30 Spaces (7.62 Spaces per 1,000 SF Leased)
Frontage
237 ft on Dexham Rd

Amenities

  • Pylon Sign
  • Signalized Intersection

Links

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Nearby Major Retailers

Truist
Woodforest National Bank
D-BAT
Starbucks
Chili's Grill & Bar
Bank of America
Club Pilates
Chase
Sprouts Farmers Market
Planet Fitness

PROPERTY TAXES

Parcel Number 44650000010010000 Improvements Assessment $1,550,638 CAD
Land Assessment $1,006,886 CAD Total Assessment $2,557,524 CAD

PROPERTY TAXES

Parcel Number
44650000010010000
Land Assessment
$1,006,886 CAD
Improvements Assessment
$1,550,638 CAD
Total Assessment
$2,557,524 CAD
(972) 755-5205

Contacts

  • Listing ID: 33995159

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 1900 Lakeview Pky, Rowlett, TX 75088

The Retail Property at 1900 Lakeview Pky, Rowlett, TX 75088 is currently available for sale. Contact Knipp Wolf Net Lease Group | Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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QuikTrip | 1900 Lakeview Pky
(972) 755-5205 x

QuikTrip | 1900 Lakeview Pky

1/3

Vincent Knipp

(972) 755-5205

(972) 755-5205

Jake Stammen

(972) 755-5209

(972) 755-5209

Salim Bhaidani

(817) 932-6136

(817) 932-6136

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