Arlington, Texas - Today, Net Lease Properties data comes from the great state of Texas. A private investor from Midland bought a Net Leased Property with Burger King as the Tenant. This Net Lease Investment is a 4,297-square-foot restaurant located in Arlington, Texas. Our previous Investment Property Search revealed this Net Lease Investment with approximately 9 years left on lease and a Cap Rate of 7.90%. This Net Leased Property with Burger King is situated at 3500 Matlock Rd., Arlington, Texas, with the zip code of 76015.
The net lease property is an existing Burger King restaurant that offers a drive-thru window. The single tenant, net leased retail building is of concrete slab construction. This Net Lease Investment was built with brick and wood paneling exterior, with glass windows in the dining room. The Burger King Investment Property is in a neighborhood that is located in an established commercial area of Arlington. The neighborhood has a nice mix of retail shopping centers, office buildings, and residential properties in close proximity to Net Leased Property Burger King.
Also we have Investment Property information from Dallas, Texas. A partnership managed by Merritt Capital Partners Ltd. bought Maple Crossing Shopping Center. This Retail Shopping Center is a 12,722-square-foot retail center at 4807 Maple Ave. in Dallas. The Seller of this Retail Shopping Center was LNR Partners. The Retail Shopping Center has highlights such as Great In-Fill Location Near Dallas' Medical District and Love Field Airport. This Retail Shopping Center has excellent visibility.
The Investment Property is net leased by a Family Dollar and net leased by Smile Builders Dental Center. An additional 987 square foot space is currently available for a net lease. Existing leases provide for a stability of income with no expirations scheduled until 2014. Also these net leased properties come with renewal options which would extend each lease for an additional five years. This Multiple Tenant Retail Shopping Center was built in 2002 with a Lot Size of 1.55 acres and a Parking Ratio of 6.85 per 1,000 square feet.
Maple Crossing is located at the intersection of Maple Avenue and Motor Street. This Net Leased Property location provides strong demographics with a population count of 125,871 persons in a three mile radius. Also this Retail Shopping Center area has average household incomes of $91,459. With 242 feet of frontage along Maple Avenue. The Net Lease Property provides excellent visibility. Additionally, this Investment Property has two curb cuts along Maple Avenue to provide excellent ingress/egress for a fair amount of reported daily traffic.
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