11855 Lake June Road, Balch Springs, TX

Retail for Sale - $1,760,000 - 6,912 Sq. Ft. on 0.66 acres

Print   |   Report Error   |   Email Listing

Agent Info

NameBrad Motley
CompanyTrinity Real Estate Investment Services

Property Info

CIMLS #925012
Location11855 Lake June Road
Balch Springs TX 75180
Last UpdatedAugust 8th, 2017
Building6,912 Sq. Ft.
Land0.66 acres


Property Description

KW Net Lease Advisors is pleased to present an Advance Auto Parts property in Balch Springs (Dallas/Fort Worth MSA), TX. The subject property is a 6,912 square foot concrete block building constructed in 2014 on 0.66 acres. The lease has a remaining term of 13.5 years and has a rare 10% increase after year 10.

Location Description:

In Balch Springs, TX, the current year population is 25,301. In 2010, the Census count in the area was 23,805. The rate of change since 2010 was 0.98% annually. The five-year projection for the population in the area is 27,025 representing a change of 1.33% annually from 2015 to 2020.

The household count in this area has changed from 7,308 in 2010 to 7,650 in the current year, a change of 0.73% annually. The five-year projection of households is 8,112, a change of 1.18% annually from the current year total.

Current median household income is $38,461 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $37,905 in five years, compared to $60,683 for all U.S. households.

Median home value in the area is $87,668, compared to a median home value of $200,006 for the U.S.

In five years, median value is projected to change by 1.99% annually to $96,744.

American Dreamers represent 30 % of the households.

Located throughout the South and West, most American Dreamers residents own their own homes, primarily single-family housing—farther out of the city, where housing is more affordable. Median household income is slightly below average (Index 94). The majority of households include younger married-couple families with children and, frequently, grandparents. Diversity is high; many residents are foreign born, of Hispanic origin. Hard work and sacrifice have improved their economic circumstance as they pursue a better life for themselves and their family. Spending is focused more on the members of the household than the home. Entertainment includes multiple televisions, movie rentals, and video games at home or visits to theme parks and zoos. This market is connected and adept at accessing what they want from the Internet.


• American Dreamers residents are family-centric and diverse. Most are married couples with children

of all ages or single parents; multigenerational homes are common (Index 201).

• Average household size is higher at 3.16 (Index 122).

• Residents tend to live further out from urban centers—more affordable single-family homes and more elbow room.

• Tenure is slightly above average with 65% owner occupancy; primarily single-family homes with more mortgages (Index 122) and slightly higher monthly costs (Index 122).

• Three quarters of all housing were built since 1970.

• Many neighborhoods are located in the urban periphery of the largest metropolitan areas across the South and West.

• Most households have one or two vehicles available and a longer commute to work.


• While nearly 16% have earned a college degree, the majority, or 63%, hold a high school diploma only or spent some time at a college or university.

• Unemployment is higher at 10.7% (Index 124); labor force participation is also higher at 67%.

• Most American Dreamers residents derive income from wages or salaries, but the rate of poverty is a bit higher in this market (Index 126).

• They tend to spend money carefully and focus more on necessities.

• They are captivated by new technology, particularly feature-rich smartphones.

• Connected: They use the Internet primarily for socializing but also for convenience, like paying bills online.


>> 13.5 Years Remaining – NNN Lease

>> Landlord Responsible for Structure Only

>> Guarantor – Advance Auto Parts, Inc.

>> Rare 10% Increase in Primary Term

>> Hard Corner near I-635

* Email for additional photos


Sales Info:

>> Cap rate: 5.6%

>> NOI: $98500

Similar Listings