Home Depot Dallas, TX LONG-TERM ABSOLUTE NNN ASSET With Assumable Financing 2800 Forest Lane, Dallas TX (map) Home Depot PROperty Summary Listing Team 2800 Forest Lane, Dallas TX (map) Contact Info PRICE: $20,185,000 zEB rIPPLE
[email protected] | (415) 274-2702 CAP: 5.45% CA BRE# 01002010 Chris Kostanecki RENTABLE SF . 163,545 SF
[email protected] | (415) 274-2701 PRICE PER SF . $123.42 CA BRE# 00869657 LAND AREA ..................14.85 Acres Chris peters
[email protected] | (415) 274-2703 ANNUAL RENT/FT .............$6.73 CA BRE# 01339983 LEASE EXPIRATION ............1/31/2037 ASSUMABLE FINANCING* ......$14,022,174 In Conjunction with TX Licensed Broker: INTEREST RATE ...............4.25% Steve Sieling, Azur Commercial Capital, LLC
[email protected] | (214) 888-8262 LOAN MATURITY DATE .........5/31/2024 *This loan must be assumed at closing. HOME DEPOT | 2 core characteristics FREESTANDING HOME DEPOT LOCATED IN A DOMINANT recent long-term extension demonstrates RETAIL AREA WITH DIRECT ACCESS FROM INTERSTATE 635 IN DALLAS, TX (AN INCOME TAX FREE STATE). tenant’s commitment to this location LEASE HIGHLIGHTS EASILY ACCESSIBLE This absolute NNN lease is corporately guaranteed and has over 21 years The site features excellent ingress/egress from Forest Lane and is located remaining on the primary term. The lease features rent escalations throughout just off the Lyndon B Johnson Freeway. Combined traffic counts past the the primary term and in each option, providing for inflation protection in the site are currently greater than 300,000 cars per day. The Home Depot is future. in close proximity to the I-635, where the nearly $3 billion LBJ Express project has now been completed (see page 5 for more details).