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703 S Cedar Ridge Dr Duncanville, TX 75116

For Sale
$2,792,000

Retail property with long-term lease and corporate guaranty.

Property size:
8,316 SF
Lot size:
2.08 Acres

Property Features for 703 S Cedar Ridge Dr

General Information

Size
8,316 SF
Lot size
2.08 Acres

Source: Marcus & Millichap | Phoenix Agent Chris Lind

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


Overview

NNN Lease Retail Investment

This retail property, located in Duncanville, Texas, offers an investment opportunity with approximately 8 years remaining on a triple-net (NNN) lease backed by a corporate guaranty. The tenant, Action Behavior Centers, is a growing company with over 350 locations. Action Behavior Centers was acquired by CharlesBank, a private equity firm, in 2022. The property benefits from annual rental increases and multiple renewal options. Situated within the Dallas-Fort Worth MSA, the location serves a substantial residential population, with 176,915 residents within a 5-mile radius. The average household income in the immediate area exceeds $96,000. The property is located one mile from Duncanville High School, which has approximately 4,500 students. The property is across from retail centers anchored by Tom Thumb and ALDI. The location is easily accessible, with a traffic count of 27,600 cars per day at the intersection of Cedar Ridge Road and Wheatland Road. The property contains 8,316 square feet and is suitable for retail or specialty use, including day care centers.
Insight Report Location Intelligence

Current Use by Public Records

Action Behavior Centers ... Applied Behavior Analysis Therapist Sigma Swimming Swimming School Duncanville Natatorium Swimming Facility Spectrum of Love - Childcare ... Day Care Center Garage Services Duncanville ... Door Supplier

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
Duncanville
County
Dallas
State
Texas
Longitude
-96.925885
Latitude
32.662053

FAQs

What type of property is this?
Retail space - Retail property with long-term lease and corporate guaranty.
Where is this retail space located?
The property is located at 703 S Cedar Ridge Dr Duncanville, TX.
What is the asking price?
The asking price for this property is $2,792,000.
What are key features of this property?
This property features: - 8 Years Remaining on Triple-Net (NNN) Lease with Corporate Guaranty; - Growing Tenant - Action Behavior Centers has More Than 350 Locations; - Annual Rental Increases with Multiple Renewal Options
More about this property
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