Core & Main Royse City (DFW), Texas
Status Under Contract
Location 6959 State Highway 276, Royse City, TX 75189
Captialilzation Rate 7.75%
Building Size 9,600 Square Feet
Lot Size 8.43 Acres
Lease Type NNN
Term Remaining 4.2 Years
Price $ 1219354
- Strong National Tenant with $3.4B in Revenue
- Strong, Desirable Market (Dallas-Fort Worth-Arlington Metropolitan Statistical Area)
- Covid-Resistant Asset Type with No Dip in Rent or Significant Slowdown in Revenue
- Critical Store Location for Dallas-Fort Worth-Arlington Market with 8.43 Acres
This Core & Main facility is located in Royse City, Texas. The subject property is a 9,600-square-foot facility sitting on 8.43 acres located just off State Highway 276. There are approximately four years remaining and the lease includes one, five-year option to renew.
Core & Main was established in 2017, built on the foundation of more than 87 legacy companies. It is a leading distributor of water, sewer, storm drain and fire protection products in the United States. Operating more than 275 locations nationwide, the company combines local expertise with a national supply chain to provide contractors and municipalities innovative solutions for new construction and aging infrastructure. Core & Main’s 3,500 plus associates are committed to the safe distribution of water and fire protection to help communities thrive.
Royse City is a city in Rockwall County. Rockwall County is part of the Dallas-Fort Worth Metroplex. The Dallas/Fort Worth Metroplex is the fourth-most populous metro in the nation with an aggregate of nearly 7.5 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with 864,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow is improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metro’s numerous corporations and growing industries.
Agent : Max Navarro
-
512-338-7862
-
max.navarro@marcusmillichap.com