Southlake, TX 76092

Black Rock Coffee

Property Address

2305 East Southlake Boulevard, Southlake, TX, USA

Offering Summary

  • Price: $2,800,000
  • Lot Size: .8 Acres
  • Cap Rate: 5.0%
  • Year Built: 2020
  • Building SF: 2,882
  • Status: Available
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  • New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • Grand Opening Scheduled for November 8, 2020
  • 10% Rental Increases Every 5 Years
  • 121,884 Residents within a 5-Mile Radius - Growing Southlake Trade Area within the Dallas/Fort Worth MSA
  • Brand New 2020 Renovation, Including a New Roof
  • Situated Near a Highly Trafficked Intersection (63,450+ Cars/Day)
  • Located in a Dense Retail Corridor - Major Retailers Include Costco, Lowe’s, Kroger, The Home Depot, PetSmart, and HomeGoods
  • Average Household Income Exceeds $179,000 within 5 Miles of Subject Property - One of the Most Affluent Trade Areas in the State of Texas
  • Easily Accessible Location Immediately Off State Highway 114 (Northwest Parkway) - Direct Access to DFW International Airport and Downtown Dallas

Broker Information