FUN TOWN RV (Rockwall)

SINGLE TENANT

2315 E INTERSTATE 30 ROCKWALL, TX 75087
Price :
$ 3,000,000
Cap Rate :
7.25
NOI :
$ 217,500
Lot Size :
4.34 acres
Year Built :
1998
Property Area :
14,992 sqft
Status :
AVAILABLE
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

  • 10 Year Triple-Net Leaseback with Fun Town RV, the #1 Selling Towable Dealer in the Nation
  • Fun Town RV Offers Servicing and Parts in Addition to the Sale of RV’s
  • 84,725 Vehicle Counts per Day
  • Location Directly Off Interstate 30 Frontage Road Creates Easy Access for Customers
  • Large Outside Storage Lot for Ample RV Inventory Storage
  • Fully Fenced Lot with Iron Fence and Two Large Rolling Gates in Front of Property

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the Fun Town RV Superstore property located at 2315 East Interstate 30 in Rockwall, Texas. The subject property consists of approximately 14,992 square feet and is situated on 4.34 acres of land in one of the fastest growing communities in Texas. Built in 1998, the flex property is located directly off of Interstate 30 frontage road, creating easy access for customers. Committed to a 10-year triple-net leaseback, Fun Town RV will retain 100 percent occupancy. With Rockwall’s population of over 43,000 and average 2016 household income reported at more than $110,000, this asset is situated in one of the most aspiring submarkets in Dallas/Fort Worth. Major employers in Rockwall include Bimbo Bakeries USA, Baylor Scott & White Medical Center, Col-Met Engineered Finishing Solutions, Channell Commercial Corporation, and L-3 ComCept, among others.

Fun Town RV is the #1 selling towable dealer in the nation, with over 80,000 square feet of indoor climate-controlled showrooms and an A+ rating through the Better Business Bureau. Fun Town RV has seven locations throughout Texas and two in Oklahoma. Established in 2010, Fun Town RV was started by a small group of seasoned RV industry professionals. They had the knowledge and contacts to become the #1 dealer in Texas within two years, and the top selling single location towable dealer in the U.S. They have now expanded with locations in Cleburne, Houston, Dallas, Waco, San Angelo, Denton, Giddings, and Purcell, OK.

The Dallas/Fort Worth metroplex is the fourth-most populous metro in the nation with an aggregate of more than 7.1 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 800,000 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 metros numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 21 Fortune 500 companies and many regional headquarters, drawing workers and residents. The areas extensive network of rail and highways along with the International Inland Port of Dallas ensure its status as a distribution hub.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: Z0060502)

Exclusive Listing

Adam Abushagur
(972) 755-5223
Lic # TX : 661916

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