Absolute NNN Retail
For Sale
$2,000,000
5902 N Jupiter Rd, Garland, TX 75044
Absolute net lease storefront with zero landlord obligations and rental increases every five years, positioned on a high-traffic retail corridor.
Property Size6,801 SF
Price / SF$294.07
Days on Market94
Property Features for 5902 N Jupiter Rd
General Information
Standard status
Active
Size
6,801 SF
Property subtype
Child Care
Lease Type
NNN
Site & Location
Neighborhood
Camelot Na
Traffic Count
31,000 vehicles/day
Amenities
13+ Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
Positioned Along Area's Traffic & Retail Corridor. Features Easy Access & Excellent Visibility w/Daily Traffic Counts Exceeding 31k Vehicles. Minutes from President George Bush Tpike.
Strong Daytime Employment Area - In Close Proximity to Numerous Call Centers, Business Parks, Dealerships and Regional Office Spaces within Walking Distance or a Short Drive.
Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - in Close Proximity to Several Large Single/Multi-Family and Retail Developments.
Densely Populated and Affluent Area: Features an Average Household Income of $120k+ within a 1-Mile Radius and more than 347k People Residing within a 5-Mile Radius. Garland is one of the Fastest-Growing Regions in the Nation.
Minutes from Firewheel Town Center - a 1M Sq.Ft. Open-Air Regional Shopping Center offering Brand-Name Department Stores & Boutiques, Restaurants and a Movie Theater.
Multiple Elementary & Secondary Schools within Walking/Short Drive including Big Springs Elementary (0.4 mi), Apollo Junior High (1.4 mi), Berkner High (2.3 mi) are very near, generating Consistent Demand for Drop-Offs, Before/After School Programs.
A Short Drive from Hawaiian Waters Garland - a 12 Acres Waterpark Consisting of 11 water Slides, a Lazy River, an Interactive Water Tree-House, a Wave Pool, and an Activity Pool, as well as Food Stands. In Close Proximity to Numerous National Retailers including Walgreens, Walmart Supercenter, Sam's Club, Academy Sports, Target, Michaels, Office Depot, Tom Thumb and many more.
Building Details
Building Size
6,801 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Alvin Mansour · License #License(s): CA: 01391653, TX: 0606255
(858) 373-3184
Source:
Marcusmillichap
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 28 at 5:12AM
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 Marcus & Millichap | San Diego
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Investment Insights
Based on property information with market context.
This storefront property is offered as a 15-year absolute net lease with zero landlord obligations. The lease structure includes 10% rental increases every five years throughout the initial term and options.
The property is positioned along the area’s traffic and retail corridor with easy access and excellent visibility, with daily traffic counts exceeding 31k vehicles. It is also minutes from President George Bush Turnpike.
The immediate area is described as a strong daytime employment market near call centers, business parks, dealerships, and regional office spaces within walking distance or a short drive. Nearby retail and entertainment include Firewheel Town Center, a 1M Sq. Ft. open-air regional shopping center with brand-name department stores and boutiques, restaurants, and a movie theater. Several elementary and secondary schools are within walking or short drive, including Big Springs Elementary (0.4 mi), Apollo Junior High (1.4 mi), and Berkner High (2.3 mi).
The property is positioned along the area’s traffic and retail corridor with easy access and excellent visibility, with daily traffic counts exceeding 31k vehicles. It is also minutes from President George Bush Turnpike.
The immediate area is described as a strong daytime employment market near call centers, business parks, dealerships, and regional office spaces within walking distance or a short drive. Nearby retail and entertainment include Firewheel Town Center, a 1M Sq. Ft. open-air regional shopping center with brand-name department stores and boutiques, restaurants, and a movie theater. Several elementary and secondary schools are within walking or short drive, including Big Springs Elementary (0.4 mi), Apollo Junior High (1.4 mi), and Berkner High (2.3 mi).
Key Highlights
- 15‑year absolute net lease with zero landlord obligations
- 10% rental increases every five years throughout the initial term and options
- Daily traffic counts exceeding 31k vehicles with easy access and excellent visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,431
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,188,620
$2.2M
Cap Rate 7%
$1,563,300
$1.6M
Cap Rate 9%
$1,215,900
$1.2M
Market Conditions
NOI Build-Up for 6,801 SF
Gross rent
$164.0K $24.12/SF
− Vacancy
−$7.7K −$1.13/SF
EGI
$156.3K $22.99/SF
− OpEx
−$46.9K −$6.90/SF
NOI
$109.4K $16.09/SF
Area
Garland, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,188,620
Cap Rate 7%
$1,563,300
Cap Rate 9%
$1,215,900
Alternative Uses
Best Use
Retail
$1.56M
$1.37M – $1.82M
NOI $109,431 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.16M
$7.14M – $9.52M
NOI $571,245 @ 7.0% cap · market cap 28.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
31,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Dollar General
Shops & Services
8,570 visits/mo
0.5 miles
SONIC Drive In
Dining
7,244 visits/mo
0.2 miles
Chevron
Shops & Services
4,352 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
4,060 visits/mo
0.5 miles
Exxon
Shops & Services
3,171 visits/mo
0.3 miles
Demographics for 75044, TX
46,094
Population
17,491
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
90%
High-School Grad
10.6 sq mi
ZIP Area
4,348
Density / Sq Mi
$89,631
Median Household Income
$46,833
Median Earnings
$1,714
Median Rent
$305,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Arapaho Flowers — 2141 E Arapaho Rd #160, Richardson, TX 75081
Frequently Asked Questions
What type of property is this?
Storefront property - Absolute net lease storefront with zero landlord obligations and rental increases every five years, positioned on a high-traffic retail corridor.
Where is this storefront property located?
The property is located at 5902 N Jupiter Rd Garland, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 15‑year absolute net lease with zero landlord obligations; 10% rental increases every five years throughout the initial term and options; Daily traffic counts exceeding 31k vehicles with easy access and excellent visibility
