Burleson, TX - 4-Tenant Strip
$4,430,000
12621 South Freeway, Burleson, TX 76028
6
Cap Rate
265,819
NOI
Details:
Description:
• Jersey Mike’s lease is personally guaranteed and Sport Clips is franchisee guaranteed
• Over 5 years of WALT remaining and all four tenants have options to extend their leases
• All leases feature scheduled rental increases, providing a hedge against inflation and steadily growing NOI
• Located a half mile north of Gateway Station, a 368,000 square foot shopping center with major tenants including Kohl’s, Ross Dress for Less, HomeGoods, PetSmart, and more
• Less than a half mile east of McAlister Square, a 193,000 square foot shopping center anchored by Academy Sports+Outdoors
• Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Lowe’s Home Improvement, AMC Theatres, Dollar Tree, and more, further increasing consumer
traffic to the site
Location

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