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6/22/2015 CoStar Property®
http://property2.costar.com/Property/Detail/Detail.aspx?t=1&id=8814324&inc=1 1/5
Sale Type Investment Status Active
Date Apr 2015Sale Type Investment
Cap Rate 9.00%
GLA 10,775 SFStories 1Typical Floor 10,775 SFDocks NoneConstruction Masonry
Year Built 1980Year Renov 2014Tenancy MultiOwner Occup NoElevators NoneSprinklers None
Land Acres 0.93 ACBldg FAR 0.27
Land SF 40,595 SF
Dedicated Turn Lane Signalized Intersection
5 Other Tenants
For Sale Price Negotiable
Sold Price $1,345,000 ($124.83/SF)
Financing 1st Mortgage: Synergy Bk SsbBal/Pmt: $1,030,750/
Type 3 Star Retail Storefront (Strip Center)Center 6500 Plaza
Parking 80 free Surface Spaces are available; Ratio of7.27/1,000 SF
Frontage 222' on Precinct Line Rd(FM 3029)Mid Cities
Taxes $1.51/SF (2014)Opex $1.05/SF (2014)Total Expenses $2.56/SF (2014)
Zoning GB, HurstParcel 02255189, 02255200, 04739442
Name SF OccupiedQMart 2,400 SFResale Shop 1,898 SFStage Notes 1,880 SFVip Spa Nail 1,232 SFIstone Flooring 1,088 SF
Airport Drive Distance
Dallas/Fort Worth International Airport 23 min 15.5 mi
Dallas Love Field Airport 37 min 24.2 mi
Smallest Space 2,000 SFMax Contiguous 2,000 SF# of Spaces 1
Retail Avail 2,000 SF
4 Other Lease Comps
Vacant 2,000 SF% Leased 81.4%Asking Rent $10.00/SF Triple NetCAM $4.50/SF
Floor SF Available Use RentP 1st 2,000 SF Retail $10.00/NNN
Sign Date SF Leased Use Rent Rent TypeSep 2014 800 SF Retail $11.00/NNN AskingSep 2014 1,088 SF Retail $11.00/NNN AskingMay 2014 1,898 SF Retail $11.00/NNN AskingSep 2013 997 SF Retail $11.00/NNN AskingAug 2013 480 SF Retail $11.00/NNN Asking
True Owner K & Q InvestmentsRecorded Owner Knq IncOwner Type Other PrivateProperty Manager Japage Realty
Primary Leasing Agape Commercial Real Estate GroupSale Broker Max Tsai
6500 Precinct Line Rd6500 PlazaHurst, TX 76054 Hurst/Euless/Bedford Ret Submarket10,775 SF For Sale 2,000 SF Available For Lease10,775 SF Retail Storefront (Strip Center) Building Renovated In 2014 Built In 1980
Sale
Building
Land
Tenants
Amenities
Public Transportation
For Lease
Space
Leasing Activity
Market Conditions Current YOY ChangeVacancy Rates
Current Building 18.6% 1.0%Submarket 24 Star 9.3% 0.9%Market Overall 6.3% 0.7%
NNN Asking Rents Per SFCurrent Building $10.00 9.1%Submarket 24 Star $12.26 1.7%Market Overall $14.16 0.4%
Submarket Leasing Activity12 Mo. Leased SF 195,800 55.2%Months on Market 29.9 0.5 mo
Submarket Sales Activity Current Prev Year12 Mo. Sales Volume (Mil.) $8.7 $17.612 Mo. Price Per SF $195 $98
Property Contacts
6/22/2015 CoStar Property®
http://property2.costar.com/Property/Detail/Detail.aspx?t=1&id=8814324&inc=1 2/5
Zip 76054Submarket Hurst/Euless/Bedford RetSubmarket Cluster MidCities RetMarket Dallas/Ft WorthCounty TarrantState TexasCBSA DallasFort WorthArlington, TXDMA DallasFt Worth, TXMap (Page) Mapsco 38 VF 8.3% 8.0%
8.4% 7.9%
Made with TrafficMetrix® Products
1 Mi 3 MiPopulation 9,372 100,022Households 3,653 39,271Average Age 43.40 40.10Median HH Income $95,371 $76,016Daytime Employees 5,360 39,933
Population Growth '15'20Household Growth '15'20
Collection Street Cross Street Traffic Vol Year DistancePrecinct Line Rd Regency Dr 22,430 2014 0.03 miMartin Dr Springbrook Dr 3,665 2014 0.08 miPrecinct Line Rd Martin Dr 22,691 2014 0.12 miMartin Dr Valley View Dr 3,131 2009 0.14 miMid Cities Blvd Bentridge Rd 16,808 2014 0.24 mi
Property ID: 534028
Location Demographics
Traffic
Assessment2014 Assessment
ImprovementsLand
Total Value
$259,925 $345,075$605,000
$23.89/SF $8.50/SF$14.90/SF
45% of last …
6/22/2015 CoStar Property®
http://property2.costar.com/Property/Detail/Detail.aspx?t=1&id=8814324&inc=1 3/5
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6/22/2015 CoStar Property®
http://property2.costar.com/Property/Detail/Detail.aspx?t=1&id=8814324&inc=1 4/5
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6/22/2015 CoStar Property®
http://property2.costar.com/Property/Detail/Detail.aspx?t=1&id=8814324&inc=1 5/5
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