convenience store and church’s chicken 3160 w. …
TRANSCRIPT
CONVENIENCE STORE AND CHURCH’S CHICKEN V
ALE
RO
& C
HU
RC
H’S
CH
ICK
EN
IN
VESTM
EN
T FO
R S
ALE
3160 W. Pleasant Run Road
Lancaster, TX 75146 HENRY S. MILLER
PARVEZ MALIK
Vice President
Investments • Land Division 972-386-1457 Direct
Investment Highlights
Price: $2,500,000.00
Cap Rate: 9.38%
Lot: Corner
VPD: 74,360
(I-35 at Pleasant Run Rd.)
Building Area: ±4,646 SF
Year Built: 1989
Land: .80 acres (±35,100 SF)
Parking Lot: Concrete
Ingress/Egress: • Two points of entry
from Pleasant Run Rd.
• One point of entry
from Rolling Hills Place Rd.
Frontage: 195 feet on Pleasant Run Rd.
180 feet on Rolling Hills Rd.
Distance from I-35: ±1,000 feet to property
Location: Adjacent to 38 apartment
buildings and ±1,160 single
family homes.
For more information and full offering
memorandum, please contact the listing Broker:
CONVENIENCE STORE AND CHURCH’S CHICKEN V
ALE
RO
& C
HU
RC
H’S
CH
ICK
EN
IN
VESTM
EN
T FO
R S
ALE
3160 W. Pleasant Run Road
Lancaster, TX 75146 HENRY S. MILLER
I-35 at Pleasant Run Rd 74,360
Pleasant Run Rd & Idlewild Ln E 24,510
Pleasant Run Rd & Marsalis Rd 20,520
Rolling Hills Pl & W Pleasant Run Rd 5,830
Traffic Counts
CONVENIENCE STORE AND CHURCH’S CHICKEN V
ALE
RO
& C
HU
RC
H’S
CH
ICK
EN
IN
VESTM
EN
T FO
R S
ALE
3160 W. Pleasant Run Road
Lancaster, TX 75146 HENRY S. MILLER
PLEASANT RUN ROAD
RO
LLIN
G H
ILLS
PLA
CE
Direct access from approximately
±634 multifamily units and ±1,160
single-family households.
1 MILE 3 MILES 5 MLES
2016 Estimated Population 8,945 66,986 152,867
2021 Projected Population 9,596 71,517 163,699
2016 Estimated Households 3,585 24,320 54,230
2021 Projected Households 3,805 25,879 57,872
2016 Estimated Average Household Income $49,915 $61,639 $63,413
2016 Estimated Median Household Income $42,131 $53,005 $54,229
2016 Estimated Total Businesses 365 1,717 3,759
2016 Estimate Total Employees 4,582 17,145 38,984
Demographics