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1520 Nolan Ryan Expy, Arlington, TX, 76011

Ocean Buffet

$7,321,000

Key Information

Cap Rate
6.6%
$ per SF
$439
Tot. SF
16,662
Type
Retail
Occupancy
100%
NOI
$483,198

Highlights

• Long Term Lease: Recently Signed 10-year corporate lease with increases throughout the initial term and options.
• The subject property sits with prime frontage and visibility on I-30 which sees nearly 129,800 VPD and is one of the main highway corridors connecting Dallas and Fort Worth.
• The Property is situated less than 1-mile away from AT&T Stadium, Globe Life Field, Six Flags Over Texas, and Hurricane Harbor, which collectively see over 10 million Visitors Annually.
• Strong proven multi-unit operator, with extensive experience in the restaurant/ bar/ entertainment business.
• Significant daytime and nighttime traffic, driven by sports venues, hotels, tourism, healthcare, and nearby employers.
• Dense surrounding residential base with numerous nearby apartment communities.

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