Irving, TX is really town found within Dallas County. Based on a 2012 estimate through the U.S. Census Bureau, the town populace ended up being 225,427 rendering it the thirteenth many populous town in Texas. Irving is component of this DallasвЂ“PlanoвЂ“Irving metropolitan unit for the DallasвЂ“Fort WorthвЂ“Arlington area that is metropolitan designated by the U.S. Census Bureau and colloquially called the Dallas/Fort Worth Metroplex.
Irving is traversed by numerous highways. The Airport Freeway, SH 183, operates east-west in the middle of the town, while LBJ Freeway or I-635 crosses the north side of the town into the direction that is same. John Carpenter Freeway, SH 114, additionally the President George Bush Turnpike create an X running northwest-to-southeast and southwest-to-northeast correspondingly. The Las Colinas area is focused nearby the intersection of 114 as well as the Bush turnpike.
Stan Johnson business is happy to provide on the market to qualified investors a free-standing building leased to Texas Car Title and Payday Loans Services, Inc found at 729 W Airport Fwy (Highway 183), Irving, Texas.
Texas vehicle Title and Payday Loan solutions, Inc. commenced their renewal that is first option March 2014 and contains about 4.7 years staying with one (1), five (5) 12 months choice.
The property that is subject recently renovated during 2009. Texas Car Title is found directly on Airport Freeway/Highway 183 between N. MacArthur Blvd. and N. OвЂ™Connor Rd, with access to over 210,000 cars a day into the vicinity that is immediate. Airport Freeway passes through Irving into DFW Airport.
NNN LeasePassive investment opportunity without any landlord obligations.
Business GuaranteeThe rent is guaranteed in full by Texas automobile Title & pay day loan which includes a big presence in Texas with more than 200 places and around 18 within the Dallas MSA alone.
Recently Renewed Lease The tenant has occupied the area since 2009 and recently demonstrated their dedication to the area by working out the renewal option that is first.
Tall Renewal EscalationThe 14% renewal upsurge in 2019 will give you the investor with exemplary rent development as well as an extraordinary yield.
In the middle of RetailThe topic home is based in a thick retail corridor with nationwide recognized credit renters in addition to shut proximity to Baylor clinic additionally the University of Dallas.
Highway VisibilityThe subject property is located close to Highway 183/Airport Freeway with exceptional exposure and high traffic counts (VPD +157,000) between N. MacArthur Blvd. (VPD 30,000) and N. OвЂ™Connor Rd. (VPD 24,000). Highway 183 is just a thoroughfare that is major Dallas, Fort Worth, Irving while the Mid-Cities.
Dense Surrounding PopulationWithin a 5 mile radius, there is certainly a populace of around 217,000.
Tax Free StateThe topic propertyвЂ™s beneficial state taxation environment will amplify returns.
To Find Out More Contact:
Scott Scurich Associate Director [email protected]
Camille Renshaw Director [email protected]
David Bailey Associate Director [email protected]
John Rotunno Associate Director [email protected]
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