2425 W Division St | Arlington, TX 76012
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- LoopNet Team
2425 W Division St
Arlington, TX 76012
Quik Trip · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE There are zero landlord responsibilities as the tenant is directly responsible for all CAM, taxes, insurance, as well as roof.
- LONG-TERM LEASE There are ±9 years remaining on the initial lease term. The lease features Ten (10) Five-Year options to extend.
- MAJOR MSA Situated Three Miles east of AT&T Stadium, home to the Dallas Cowboys, Globe Life Field, where the Texas Rangers play.
- CORPORATE GUARANTEE The lease is backed by QuikTrip Corporation ($11B), Strong Credit Tenancy with ±1,085 locations Nationwide.
- SIGNALIZED INTERSECTION This asset is strategically positioned on the corner of W Division St (±21,000 VPD) & N Bowen Rd (±15,000 VPD).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,847 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.52 AC
Zoning
LI, Arlington - F1- Real Commercial
Parking
47 Spaces (9.7 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 40123421 | Improvements Assessment | $1,300,327 |
| Land Assessment | $1,315,555 | Total Assessment | $2,615,882 |
PROPERTY TAXES
Parcel Number
40123421
Land Assessment
$1,315,555
Improvements Assessment
$1,300,327
Total Assessment
$2,615,882
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