2425 Division St Arlington, TX 76012-3611

This exceptional investment opportunity presents a fee-simple ownership of a QuikTrip convenience store and gas station in Arlington, Texas, within the Dallas-Fort Worth MSA. Located at 2425 W Division St, 76012, this Class A property boasts 4,847 square feet on a 1.46-acre lot, featuring 20 gas pumps and 47 parking spaces. Built in 2002 and renovated in 2016, the property benefits from a strong, 100% occupancy rate under an absolute NNN lease with a corporate guarantee from QuikTrip Corporation. The lease, commencing November 1, 2018, and expiring October 31, 2033, has approximately 8.9 years remaining, with ten 5-year renewal options and rent bumps. The property generates a Net Operating Income (NOI) of $150,300, resulting in a 5.00% cap rate. Strategically positioned at a signalized intersection with high daily traffic volume, this property offers a passive investment opportunity with significant potential for bonus depreciation. The property's proximity to AT&T Stadium, Globe Life Field, and Texas Live! further enhances its value and potential for strong returns. This is a single-tenant property with a proven track record and a secure, long-term lease. The asking price is $3,006,000.