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1520 Nolan Ryan Expy
Arlington, TX 76011
Asking Price
$7.71M
Cap Rate
6.85%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 6.85% CAP | 16,640 SqFt <ul><li>Long Term Lease: Recently Signed 10-year corporate lease with increases throughout the initial term and options.</li><li>The subject property sits with prime frontage and visibility on I-30 which sees nearly 130,000 VPD and is one of THE main highway corridors connecting Dallas and Fort Worth</li><li>The Property is situated less than 1-mile away from AT&T Stadium, Globe Life Field, Six Flags over Texas, and Hurricane Harbor, which collectively see over 10 million Visitors Annually</l
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NOI
$80,000
Cap Rate
1.04%
DSCR
0.17
Underwater
Cash-on-Cash
-16.33%
Monthly Payment
$38,135.122
Annual Cash Flow
$-377,621.462
