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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Grocery and convenience stores

    2425 Division St, Arlington, TX 76012-3611

    4,847 SF 1.46 ac lot Built 2002
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-1258479
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE (W/FUEL PUMP)
    Year built 2002
    Total area 4,847 SF
    Lot 1.46 ac (63,685 SF)
    APN 41940--35R
    UPID US82-1258479
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Amazon Locker - Psychoanalyst Courier Service Postal Service
    • ATM Transfund Atm Bank
    • QuikTrip Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $385k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $702k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Stonegate Realty LLC · 1 yrs held
    Stonegate Realty LLC
    since 2024
    3 recorded transactions
    2024
    2018
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $605,000 +8.8%
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