Property Name

Hertz

Location

8640 East ROL Thornton Freeway
Dallas, TX 75228

OM Download PDF
Property Description

Hertz is a cash flowing covered land investment located on 2.37 acres of land in Dallas, Texas. Adjacent to Walmart Supercenter and Sam’s Club, the Property is comprised of an 8,600 square foot building conveniently positioned on Interstate 30 (I-30) approximately 15 minutes east of Downtown Dallas. Hertz’s lease runs through August 2023 at $19.53 per square foot in base rent and includes a landlord termination option starting in September 2019 in the event the landlord elects to redevelop and/or sell the Property*. Hertz represents a land basis of $17.70 per square foot to the dirt at list price and an 7.75% cap rate.

Status


In Escrow

GLA


8,600 SF

Percent Leased


100% Leased

Login