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2020 S Harwood St, Dallas, TX, 75215

Cedars Village Market

$6,678,260

Key Information

Cap Rate
5.75%
$ per SF
$824
Tot. SF
8,094
Lot Size
0.56 Acres
Year Built
2024
Term Remaining
± 20 Years
Type
Retail
Occupancy
100%
NOI
$384,000

Highlights

Lease & Location Highlights

• 20 Year ABS NNN sale leaseback C-store with 10% increases every 5 years
• Explosive store sales (contact agent for more details)
• Subject property is less than 1.5 miles from downtown Dallas in the growing Cedars neighborhood
• 5-mile population in excess of 405,604 residents
• Subject property qualifies for bonus depreciation (consult your CPA for confirmation)
• Dallas is the #1 metro in the United States for jobs added and consistently in the top 3 metros for population growth

Tenant Highlights

• Cedars Village Market has a diversified revenue stream including fuel, convenience retail, prepared food, coffee, and grocery offerings
• Cedars Village Market is operated by a former district manager at RaceTrac where he was responsible for over 21 locations and well over $100 million in revenue
• Cedars Village Market is reinventing the C-store experience with two stories of product offerings beyond traditional fuel and convenience retail

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204