Property Name

Salad and Go - Arlington, TX

GLA 767 SF

Property Description

20-year Salad and Go corporate ground lease at the southwest corner of Cooper St. and Randol Mill Rd. in Arlington, TX (the “Property”). The Property features unusually low year-one rent of $90,000 with no landlord responsibilities, and 10% rent increases every 5 years. The Property is a parking lot carveout of the Texas Health Resources Medical Center, the largest hospital and 4th largest employer in Arlington. It is also located near two other hospitals at the same intersection.

The area is densely populated (over 118K in 3 miles) with an even stronger daytime population (over 140k in 3 miles) and over 270k people within a 5-mile radius. Speer Elementary (793 students) and Webb Elementary (641 students) sit within a half-mile radius of the Property; a brand new Webb Elementary next door to the current campus is scheduled for completion in the fall of 2022. The Property is less than one mile west of AT&T Stadium (home of the Dallas Cowboys) and less than one mile north of the University of Texas at Arlington, a major urban research university (40K+ students).