Kwik Kar NNN
For Sale
Contact for pricing
Pending
1851 N Jupiter Rd, Richardson, TX 75081
The asset features a long-term lease with renewal options and scheduled 2% annual rent increases.
Property SizeContact for details
Days on Market142
Property Features for 1851 N Jupiter Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Abandoned
No
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #MI 6501323470
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:06AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
The NNN property at 1851 N Jupiter Rd in Richardson, Texas, is occupied by Kwik Kar Lube & Tune, which has operated at this location since 2003. The current lease has almost nine years remaining within its 10-year term and includes 2% annual rent increases beginning in year 6.
The property is positioned two miles east of U.S. Highway 75 and two miles west of the President George Bush Turnpike. Three additional five-year renewal options are available, with each option period providing 2% annual rent increases.
The property is positioned two miles east of U.S. Highway 75 and two miles west of the President George Bush Turnpike. Three additional five-year renewal options are available, with each option period providing 2% annual rent increases.
Key Highlights
- Kwik Kar Lube & Tune has operated at the site since 2003
- Almost nine years remain on the current lease
- Current lease is structured as a 10‑year term with 2% annual rent bumps starting in year 6
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
SONIC Drive In
Dining
7,244 visits/mo
0.1 miles
Chevron
Shops & Services
4,352 visits/mo
0.2 miles
Exxon
Shops & Services
3,171 visits/mo
0.2 miles
AutoZone
Shops & Services
2,942 visits/mo
0.1 miles
Firestone Complete Auto Care
Shops & Services
1,893 visits/mo
0.3 miles
Demographics for 75081, TX
37,766
Population
14,662
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
90%
High-School Grad
9.0 sq mi
ZIP Area
4,196
Density / Sq Mi
$90,953
Median Household Income
$50,026
Median Earnings
$1,765
Median Rent
$340,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The asset features a long-term lease with renewal options and scheduled 2% annual rent increases.
Where is this nnn property located?
The property is located at 1851 N Jupiter Rd Richardson, TX.
What are key features of this property?
This property features: Kwik Kar Lube & Tune has operated at the site since 2003; Almost nine years remain on the current lease; Current lease is structured as a 10‑year term with 2% annual rent bumps starting in year 6
