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Freestanding Retail Triple-Net Property
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2614 Lavon Drive, Garland, TX 75040

Freestanding retail asset offered on a triple-net lease with 100% occupancy and a term expiring in 2053.

Property SizeContact for details
Days on Market132

Property Features for 2614 Lavon Drive

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Camelot Realty Group
Listed By: Eduard Zaytsev · License #NY 10401260802
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 12:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Camelot Realty Group

Investment Insights

Based on property information with market context.

This is a freestanding retail property offered for sale as a triple-net lease. The offering is described as having a blue chip tenant and 100% occupancy, with the lease term expiring in 2053.

The property is located at 2614 Lavon Drive in Garland, Texas, within a high density residential neighborhood and positioned for connections to all north Dallas suburbs.

As presented in the remarks, the lease structure is triple net and the property is operated under an agreement with an extended remaining term through 2053.

Key Highlights

  • Freestanding retail asset offered on a triple‑net lease (NNN).
  • 100% occupancy.
  • Lease term expires in 2053.

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
192k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 39%
Hobby Lobby Shops & Services
40,409 visits/mo 0.4 miles
RaceTrac Shops & Services
29,246 visits/mo 0.1 miles
Dollar Tree Shops & Services
24,806 visits/mo 0.3 miles
Braum's Ice Cream & Dairy Stores Dining
24,386 visits/mo 0.1 miles
Mardel Christian & Education Shops & Services
13,549 visits/mo 0.4 miles

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail asset offered on a triple-net lease with 100% occupancy and a term expiring in 2053.
Where is this nnn property located?
The property is located at 2614 Lavon Drive Garland, TX.
What are key features of this property?
This property features: Freestanding retail asset offered on a triple‑net lease (NNN).; 100% occupancy.; Lease term expires in 2053.
More about this property
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