Biolife and Airborne Sports

1087 W Main St, Lewisville, TX
Deal Type:
Net Lease
Price:
$8,273,000
Cap Rate:
8.50%
Current Rent:
$703,199
Lease Type:
Triple Net
Landlord Responsibilities:
See OM
Building Sq. Ft.:
58,552 SF
Rent Increases:
See OM
Site Size:
5.34 Acres

Investment Highlights

  • Two-tenant asset located in Lewisville, TX, an affluent suburb in the DFW Metroplex. The property is leased to Biolife and Airborne Sports and comprised of 58,552 SF on over 5 acres of land.
  • Biolife features a corporately guaranteed lease and Airborne is backed by personal guarantees by the high net worth operators.
  • The property is ideally positioned at the NEC of Main St. and S. Valley Parkway and benefits from being down the street from Walmart, Sam’s Club, WinCo Foods, and access to I-35.
  • NNN leases provide ease of management with both tenants reimbursing their pro rata share of expenses.
  • Situated nearby to other national tenants such as Walmart Supercenter, Sam’s Club, Lowe’s, The Home Depot, WinCo Foods, Aldi, and many more.
  • Texas is one of seven states that does not impose a state income or investment tax.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

Broker of Record: Kyler Bean TX Lic#: 646910

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