Former QSR I Potential Retail Redevelopment

Description:

• Former QSR | Commercial Land Use
• Former Chicken Express
• Potential retail/commercial redevelopment
• Commercial primary land use gives the Landlord flexibility if they elect to redevelop the site
• Situated on a 0.85 AC parcel with ample parking
• Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes | Direct Consumer Base providing a direct consumer base from which to draw
• More than 310,000 residents and 131,000 employees support the trade area, providing a direct consumer base from which to draw
• The 5-mile trade area boast an affluent average household income of $149,273
• Dense Retail Corridor | Strong National/Credit Tenant Presence | Clark High School (1,279 students)
• The asset is located in a dense retail corridor, with numerous nearby national/ credit tenants including Sam's Club, Lowe's, Academy, Walmart Supercenter, AT&T, and many more Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• Furthermore, the subject property is in close proximity to Clark High School (1,279 students), further increasing consumer traffic to the trade area
• Ideally Situated Along E. Spring Creek Pkwy (50,300 VPD) | U.S Hwy 75 (213,500 VPD) | Excellent Visibility
• The subject property is ideally situated along E. Spring Creek Pkwy which averages 50,300 VPD
• The site benefits from nearby direct on/off ramp access to U.S Hwy 75, a major thoroughfare that averages over 213,000 vehicles passing by daily pylon sign 7
• The asset has excellent visibility via significant street frontage and a large