Overview

Description

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Midlothian is a city in northwest Ellis County, Texas. The city is 25 miles southwest of Dallas. It is the hub for the cement industry in North Texas, as it is the home to three separate cement production facilities, as well as a steel mill. The population of Midlothian grew by 121% between 2000 and 2010, to a population of 18,037.

Midlothian became a prime area for cement quarrying due to the Austin Chalk Escarpment, a unique geological formation that runs north–south through the city. Three of the top-10 largest cement factories in the United States operate in the city: TXI (formerly Texas Industries), Holcim, and Ash Grove. Gerdau Ameristeel, formerly Chaparral Steel, a large steel factory, is adjacent to TXI's cement plant.

A large industrial park, Railport, is located along U.S. 67 on the southwestern side of the city. Railport is home to several distribution facilities including Target and QuikTrip. The north side of the city is host to MidTexas International Center's Auto Park, a large automobile distribution and processing center; and Texas Central Business Lines, a rail transload facility.

Midlothian is located at the junction of U.S. Highway 67 and U.S. Highway 287. The city's location provides easy access to an important ground transportation network consisting of interstate highways, U.S. highways, and state highways that connects Dallas, Fort Worth, the rest of the Metroplex, and the state.

Highlights

• Absolute NNN 10-Year Lease with Zero Landlord Responsibilities
• Rent to Sales Ratio Below 5%
• Long-Term Commitment to Site | Tenant Has 26-Year Occupancy at This Location
• 44 Unit Operator EPSI Inc | Opening 2 More Locations Before End of 2023
• EPSI - 33 Year History Operating Dominos
• Lease Supports (4) 5-Year Option Periods
• 2% Annual Increase Beginning in Year 6
• Estimated Population Within a 5-Mile Radius of the Subject Property Exceeds 48,500 Residents | Population Growth Over 16% Within the Next 5 Years
• Excellent Visibility with Frontage Along George Hopper Road
• Surrounded by National Retailers Including KFC, McDonald's, Taco Bell, Walgreens, Waffle House and Many Others
• NYSE: DPZ | S&P 500 Component | Over 20,000 Locations in 90 International Markets

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