brochure

American
Plaza
7010 American Way
Dallas, TX 75237
REDUCED
$799,000
FOR SALE
Confidential
Offering Summary
Rentable GLA:
Land:
16,471 sf
52,925 sf
NOI:
$84,347
Cap Rate: 10.56% HIGHLIGHTS:
Occupancy: 86.0% - 69 parking spaces including 4 handicapped
Roger Smeltzer
O: 817-803-3287
C: 817-320-2600
spaces
- Multi-tenant building at 71% occupancy
- Lower than market rental rates (giving buyer
STRONG upside)
- Most new HVAC & Roof Upgraded
LOCATION:
- NEQ of American Way & Camp Wisdom
[email protected] - 3/4 mile east of I-20 & 3/4 mile west of Hwy 67
www.visioncommercial.com
American Plaza
7010 American Way, Dallas, TX 75237
DEMOGRAPHICS (STDBonline.com 2014)
Population
2014-2019 Annual Rate
Avg. HH Income
Median HH Income
1 Mile
15,272
1.38%
$34,633
$26,867
2 Mile
43,480
1.35%
$43,702
$32,502
3 Mile
84,408
1.11%
$53,281
$38,998
5 Mile
245,695
1.04%
$56,666
$41,235
TRAFFIC COUNTS (STDBonline.com 2014)
W Camp Wisdom Rd
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
20,590 VPD
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.
American Plaza
7010 American Way, Dallas, TX 75237
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.
American Plaza
7010 American Way, Dallas, TX 75237
H
Tenant Roster
Suite
Tenant
H
A
Size
A-1
A
Abundant Life HCS Co. 1,293
A-1
Vacant - Former Salon
825
All About You Events
1,293
Charlotte Starghill
1,750
E
Terry Neal Anderson
994
F
Vacant
1,206
G
Salon VIP Tress
1,050
H
Kaotic Beauty Lounge
1,035
G
I
Tax Tyme Express
965
H
J
Vacant
1,000
K
CSP Health Services
1,610
Church
2,332
N
Craig Conwright
568
P
Storage/Management
282
O
BLL Media
268
B
C&D
L&M
Total:
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
B
C
D
E
F
H
I
H
J
K
N
M
L
16,471
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.
American Plaza
Expenses Overview
CAM Breakdown
Cost
Utilities
Electricity
$8,075.41
Water & Sewage
$5,239.29
Total Utilities
$13,314.70
Repairs and Maintenance
HVAC
Landscaping and Groundskeeping
Locksmithing
$225.00
$2,052.87
$117.61
Repairs and Maintenance
$3,873.72
Trash
$1,016.70
Total Repairs & Maintenance
$7,285.90
Legal & Professional
Reports, Inspections & Surveys
Accounting
$1,023.00
$378.14
Property Management
$6,000.00
Total Legal & Professional
$7,401.14
Total Expense Breakdown NNN PSF
Total CAM
$28,385.95
$1.75
Insurance
$5,228.91
$0.32
Property Taxes $14,846.76
$0.92
Total Expenses $48,461.62
$2.99
Permits & Fees
Bank Fees
$64.00
Advertising and Promotion
$28.49
Postage and Delivery
$60.50
Printing and Reproduction
$36.01
City, County and State Tax
$195.21
Total Permits & Fees
$384.21
Total CAM
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
$28,385.95
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.
American Plaza
Gross Income and NOI Overview
Suite
Lease
Started
Space
A
Abundant Life HCS
A-1 Beauty Salon
All About You
B
Events
C&D Charlotte Starghill
E
Terry Anderson
G
Salon VIP Tress
Kaotic Beauty
H
Lounge
I
Tax Tyme Express
K
Health Services
L
Thrive Church
M
Thrive Church
N
Craig Conwright
O
BLL Media
F
Vacant
J
CLOTHING
Total Vacant
Total Occupied
Rentable GLA
Lease
Size
Expiration
Rent
Rent
PSF
Exp
Paid
PSF
Gross
PSF
Gross
Rent
3/20/2013 9/1/2016 1,293 $10,320 $7.98 $1.39 $9.37 $12,120
7/1/2010 M-T-M
825 $9,108 $11.04 $0.60 $11.64 $9,600
8/1/2015 7/31/2018 1,293 $10,800 $8.35 $0.93 $9.28
$12,000
9/1/2010 M-T-M 1,750 $17,496 $10.00 $0.60 $10.60 $18,546
1/12/2010 M-T-M
994 $8,400 $8.45 $0.60 $9.05 $9,000
4/1/2013 12/31/2018 1,050 $7,800 $7.43 $1.14 $8.57 $9,000
5/1/2016 6/30/2019 1,035 $7,628
$7.37 $2.49 $9.86
12/1/2015
6/1/2008
8/1/2015
8/1/2015
4/1/2008
10/1/2014
$7.82
$8.43
$4.00
$5.48
$6.87
$9.47
$0.00
$0.00
N/A
N/A
N/A
10/31/2018
M-T-M
8/31/2018
8/31/2018
M-T-M
9/30/2015
N/A
N/A
2,206
13,983
16,189
965
1,610
1,200
1,132
568
268
1,206
1,000
14%
86%
100%
$7,542
$13,580
$4,800
$6,204
$3,900
$2,538
$0
$0
$10,205
**7/1/16
Commencement
$1.20 $9.02 $8,700
$2.00 $10.43 $16,800
$3.00 $7.00 $8,400
$3.00 $8.48 $9,600
$2.11 $8.98 $5,100
$4.48 $13.95 $3,738
$0.00 $0.00
$0
$0.00 $0.00
$0
Gross Income $132,809
NOI Breakdown
Gross Income
$132,809.10
- Total Expenses
$48,461.62
NOI
$84,347.48
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.
American Plaza
7010 American Way, Dallas, TX 75237
Roger Smeltzer
Cell: 817-803-3287
Office: 817-803-3287
[email protected]
www.visioncommercial.com
Find us on Facebook and Linkedin
The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial Real Estate, LLC. The
property is offered subject to errors, omissions, change in price and or terms, or removal from the market without notice.