Property Name

T-Mobile & Smoothie King

GLA 3,032 SF

Percent Leased 100% Leased

Property Description

T-Mobile & Smoothie King is a two-tenant retail asset located in the East Dallas submarket on the going-to-work side of the highly trafficked Garland Road corridor.  Positioned just off the signalized intersection of Garland Road and Buckner Boulevard, the Property is approximately 15 minutes northeast of Downtown Dallas and just minutes north of White Rock Lake.  Renovated in 2017, T-Mobile & Smoothie King features all masonry construction, a pylon sign fronting Garland Road and excellent visibility.  Additionally, the Property includes a commodity Garland Road drive-thru for Smoothie King, one of only four drive-thru’s from Buckner Boulevard to White Rock Lake.  The building’s roof was replaced in 2017 and carries a 15-year contractor warranty running through June 2032.  New 10-year leases were signed by T-Mobile corporate and a regional Smoothie King franchisee through August 2027 and March 2028, respectively.  Both tenants experience built-in 10% rent escalations which take effect in 2022 and 2023.