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12601 Lake June Rd Balch Springs, TX 75180

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For Sale
$2,608,695

Freestanding retail property with long-term lease and interstate frontage.

Property size:
2,391 SF
Lot size:
0.73 Acres

Property Features for 12601 Lake June Rd

General Information

Size
2,391 SF
Lot size
0.73 Acres

Source: STREAM Capital Partners Agent Graham Gold

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Balch Springs Retail Investment Opportunity

This retail property is located at the intersection of I-635 and Lake June Rd in Balch Springs, TX. The building, previously a Carl’s Jr., has been updated. The property benefits from its location at the intersection of I-635, which sees 165,000 vehicles per day, and Lake June Rd, which sees 12,500 vehicles per day. The surrounding area includes a Walmart, Amazon distribution center, Wendy’s, Chase Bank, Raising Cane’s, Whataburger, Discount Tire, and Panda Express. The location is within the DFW Metroplex, with over 55,000 residents earning an average household income of $76,000 within a 2-mile radius. The property is suitable for retail use. PNC recently signed a new 15-year lease with 10% rent increases every 5 years.
Insight Report Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Balch Springs
County
Dallas
State
Texas
Longitude
-96.6111312
Latitude
32.7365566

FAQs

What type of property is this?
Bank - Freestanding retail property with long-term lease and interstate frontage.
Where is this bank located?
The property is located at 12601 Lake June Rd Balch Springs, TX.
What is the asking price?
The asking price for this property is $2,608,695.
What are key features of this property?
This property features: - New 15-year lease with 10% rent increases every 5 years.; - Investment-grade tenant: PNC (NYSE:PNC) with an S&P credit rating of A.; - High-traffic location at the intersection of I-635 (165,000 VPD) and Lake June Rd. (12,500 VPD).
More about this property
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