Property Name


GLA 5,720 SF

Percent Leased 100% Leased

Property Description

QuikTrip is an absolute net, corporately leased convenience and fuel asset located in the high growth North Dallas submarket of Richardson, Texas.  Positioned at the signalized hard corner of Belt Line Road and Inge Drive, the Property sits on 1.62 acres approximately 15 minutes north of Downtown Dallas.  QuikTrip benefits from its location less than 400 feet west of US Highway 75 (North Central Expressway), one of the most heavily used north-south thoroughfares in North Texas boasting over 253,100 VPD.  In addition, the Property is just seconds from the Telecom Corridor, one of the densest high-tech business areas in the nation, and Downtown Richardson which is experiencing significant revitalization.  Across Belt Line Road is Richardson Heights Shopping Center with more than 200,000 SF of retail GLA including the first Alamo Drafthouse in North Texas which opened in 2013.  QuikTrip signed a 15-year primary term lease that runs through October of 2027 with seven, 5-year renewal options.  Built in 2012, the Property consists of a 5,720 SF convenience store with 20 fuel pumps.