MEINEKE

11613 East Northwest Highway, Dallas, TX 75218
$1,181,102

Cap Rate
6.35%
Price Per SF
$353
Year Built
2002/2009
Leasable Area
3,344 SF
Term Remaining
15 YRS
NOI
$75,000

Broker of Record

  • Kyle Matthews
  • License No. 9005919 (TX)
  • (310) 919-5757
  • Matthews Retail Group, Inc.
  • 841 Apollo Street Suite 150,
    El Segundo, CA 90245

INVESTMENT HIGHLIGHTS

  • Newly extended 15 Year NNN Lease showing Tenant’s commitment to the Location
  • Operated by Morningside Holdings, a growing franchisee operator who currently runs nine units in Texas
  • Highly sought after Dallas – Fort Worth Real Estate – the largest metropolitan area in the South
  • Dense demographics with over 127,000+ within a 3-mile radius and projected growth of 5.87%
  • Situated on a major retail corridor with numerous new developments in the area and benefiting from over 28,000 VPD
  • Highly recognizable national brand – 1000+ Meineke sites