Trulieve NNN
8620 SPRING VALLEY RD, Dallas, TX 75240
For Sale
Contact for pricing
The Dallas asset is backed by a corporate guaranty and a newly executed absolute NNN lease.
Property SizeContact for details
Days on Market16
Property Features for 8620 SPRING VALLEY RD
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Cap Rate
Tenant in Place
Building Details
Tenancy
Listing Agency:
Northmarq - Chicago
Listed By:
Christian Tremblay · License TX #475165868
(312) 858-6725
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 12 at 5:11AM
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 Northmarq - Chicago
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Investment Insights
Based on property information with market context.
Located at 8620 Spring Valley Road in Dallas, the property is leased to Trulieve under an absolute NNN structure. The lease has a 10-year term, includes annual rent increases of 3.00%, and is supported by a corporate guaranty from Trulieve Holdings, Inc.
The asset is in North Dallas and is offered at a 7.25% cap rate.
The asset is in North Dallas and is offered at a 7.25% cap rate.
Key Highlights
- New 10‑year absolute NNN lease
- 3.00% annual rent increases
- Corporate guaranty from Trulieve Holdings, Inc.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
183k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 35%
Shops & Services 27%
Dining 24%
Leisure 10%
Micro Center
Electronics
63,525 visits/mo
0.2 miles
Studio Movie Grill
Leisure
18,019 visits/mo
0.1 miles
Chevron
Shops & Services
14,407 visits/mo
0.3 miles
Murphy USA
Shops & Services
12,437 visits/mo
0.3 miles
Saltgrass Steak House
Dining
11,729 visits/mo
0.5 miles
Demographics for 75240, TX
25,839
Population
12,014
Households
2.2
Avg Household Size
33
Median Age
34%
College-Educated
74%
High-School Grad
3.8 sq mi
ZIP Area
6,800
Density / Sq Mi
$56,056
Median Household Income
$32,171
Median Earnings
$1,333
Median Rent
$326,600
Median Home Value
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Market
Properties on Market for NNN properties in Dallas
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The Dallas asset is backed by a corporate guaranty and a newly executed absolute NNN lease.
Where is this nnn property located?
The property is located at 8620 SPRING VALLEY RD Dallas, TX.
What is the asking price?
The asking price for this property is $2,586,207.
What are key features of this property?
This property features: New 10‑year absolute NNN lease; 3.00% annual rent increases; Corporate guaranty from Trulieve Holdings, Inc.
