Property Name

Tom Thumb Express Ground Lease

GLA 2,500 SF

Percent Leased 100% Leased

Property Description

Tom Thumb (Safeway, Inc. Corporate Lease) signed a 15-year ground lease for a 2018 construction convenience and fuel location adjacent to Downtown Dallas and the iconic Deep Ellum entertainment and office district.  Positioned at a gateway urban infill hard corner, the Property sits immediately across Live Oak Street from the Gabriella, Phase II of Greystar’s CityLights development featuring a 55,000 square foot street level Tom Thumb supermarket estimated to open 3rd quarter of 2020 and 370 luxury apartment units in a 14-story high rise structure.  Residents are anticipated to begin moving into the Gabriella in late summer 2020.