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Irving, TX is really town found within Dallas County. According to calculate 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 a component of this Dallas– Plano– Irving metropolitan unit regarding the Dallas– Fort Worth– Arlington area that is metropolitan designated because of the U.S. Census Bureau and colloquially described as the Dallas/Fort Worth Metroplex.
Irving is traversed by many 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 when you look at the direction that is same. John Carpenter Freeway, SH 114, as well as 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 plus the Bush turnpike.
Stan Johnson business is happy to provide on the market to qualified investors a free-standing building leased to Texas automobile 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 and contains more or less 4.7 years staying with one (1), five (5) 12 months choice.
The subject property had been recently renovated. Texas Car Title is situated directly on Airport Freeway/Highway 183 between N. MacArthur Blvd. and N. O’Connor Rd, with access to over 210,000 automobiles each day when you look at the vicinity that is immediate. Airport Freeway passes through Irving into DFW Airport.
Shows
NNN LeasePassive investment opportunity without any landlord duties.
Business GuaranteeThe rent is guaranteed in full by Texas vehicle Title & cash advance that has a presence that is large Texas with more than 200 places and roughly 18 within the Dallas MSA alone.
Recently Renewed Lease The tenant has occupied the room and recently demonstrated their dedication to the area by working out the renewal option that is first.
Tall Renewal EscalationThe 14% renewal escalation will offer the investor with exemplary lease development plus a yield that is impressive.
Enclosed by RetailThe property that is subject positioned in a thick retail corridor with nationwide recognized credit renters in addition to shut proximity to Baylor infirmary therefore the University of Dallas.
Highway VisibilityThe subject property is located close to Highway 183/Airport Freeway with exemplary exposure and traffic that is high (VPD +157,000) between N. MacArthur Blvd. (VPD 30,000) and N. O’Connor Rd. (VPD 24,000). Highway 183 is a major thoroughfare linking Dallas, Fort Worth, Irving in addition to Mid-Cities.
Dense Surrounding PopulationWithin a 5 mile radius, there is certainly a populace of around 217,000.
Tax Free StateThe topic property’s state that is beneficial weather will amplify returns.
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