Property Name

Knockout Sports Bar

Location

15225 Montfort Drive
Dallas, TX 75248

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Property Description

Knockout Sports Bar is a 15-year absolute net leased asset on Montfort Drive moments from the Dallas North Tollway in Dallas, Texas. Built in 2007, the Property is situated on approximately 1.68 acres of land across the street from Walmart Supercenter off the thriving retail corridor of Belt Line Road. The lease is guaranteed for its entire term by Park Asset Management, LLC (“PAM”), IMS Limited (“IMS”) and In Fretta, LLC (“In Fretta”) which had combined revenues estimated to be in excess of $24,394,800 in 2018**. Knockout has 10% rent escalations every five years of the primary term and in each of the two, 5-year renewal options.

Status


Available

GLA


7,720 SF

Percent Leased


100% Leased

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