restaurant property for sale or lease€¦ · 2016 . 34,489 vpd 18,704 vpd. restaurant property for...

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Location: 2126 N. Josey Ln Carrollton, Texas Restaurant Property for Sale or Lease 2126 N. Josey Lane, Carrollton, Texas Highlights: 3,961 Square Foot Building with 30 Parking Spaces (Includes 2 Handicapped Spaces) – Ample room to add additional parking. Existing restaurant building with drive-thru facilities located on major thoroughfare with close proximity to residential, employers, and schools. This property is located in close proximity to S.H. 190, Belt Line Road, and IH 35. Excellent access with cross access to Keller Springs and great access to Josey Lane. Close proximity to Albertson’s, Home Depot, Sonic, Braum’s, CVS, Walgreens, McDonald’s, and the City of Carrollton City Hall. Well established trade area. Josey Lane is one of the most traveled arterials in the City of Carrollton. Building: 3,961 SF Land: 58,972 SF Zoning: LR-2/PD 52/JBL Overlay District* Equipment: Sold Separately Sale Price: $1,800,000.00 Lease Rate: $12,000/Mo NNN * The City has indicated that the SUP for drive- thru goes with the building provided no material changes are made to the building. Jordan Realty Advisors 16475 Dallas Parkway, Suite 540 | Addison, Texas 75001 972.231.8600 x1 | 972.231.8695 (fax) For More Information: Todd Stein [email protected]

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Page 1: Restaurant Property for Sale or Lease€¦ · 2016 . 34,489 VPD 18,704 VPD. Restaurant Property for Sale or Lease. 2126 N. Josey Lane, Carrollton, Texas. PP SIGN BOL BOL BOL BOL VAC

Location: 2126 N. Josey Ln Carrollton, Texas

Restaurant Property for Sale or Lease2126 N. Josey Lane, Carrollton, Texas

Highlights:• 3,961 Square Foot Building with 30 Parking Spaces (Includes 2

Handicapped Spaces) – Ample room to add additional parking.• Existing restaurant building with drive-thru facilities located on

major thoroughfare with close proximity to residential, employers, and schools.

• This property is located in close proximity to S.H. 190, Belt Line Road, and IH 35.

• Excellent access with cross access to Keller Springs and great access to Josey Lane.

• Close proximity to Albertson’s, Home Depot, Sonic, Braum’s, CVS, Walgreens, McDonald’s, and the City of Carrollton City Hall.

• Well established trade area. • Josey Lane is one of the most traveled arterials in the City of

Carrollton.

Building: 3,961 SF

Land: 58,972 SF

Zoning: LR-2/PD 52/JBL Overlay District*

Equipment: Sold Separately

Sale Price: $1,800,000.00

Lease Rate: $12,000/Mo NNN* The City has indicated that the SUP for drive-thru goes with the building provided no material changes are made to the building.

Jordan Realty Advisors16475 Dallas Parkway, Suite 540 | Addison, Texas 75001

972.231.8600 x1 | 972.231.8695 (fax)

For More Information:Todd [email protected]

Todd
Text Box
$1,650,000.00
Todd
Text Box
$9,500.00 NNN
Page 2: Restaurant Property for Sale or Lease€¦ · 2016 . 34,489 VPD 18,704 VPD. Restaurant Property for Sale or Lease. 2126 N. Josey Lane, Carrollton, Texas. PP SIGN BOL BOL BOL BOL VAC

Jordan Realty Advisors16475 Dallas Parkway, Suite 540 | Addison, Texas 75001

972.231.8600 x1 | 972.231.8695 (fax)

For More Information:Todd [email protected]

2017 PopulationDEMOGRAPHICS:

Daytime Population

Average HH Income

1 mile 3 miles 5 miles17,440 119,229 325,37214,379 128,090 410,915$85,299 $82,860 $96,156

Josey LaneKeller Springs Road

TRAFFIC COUNTS: 2016 34,489 VPD18,704 VPD

Restaurant Property for Sale or Lease2126 N. Josey Lane, Carrollton, Texas

Page 3: Restaurant Property for Sale or Lease€¦ · 2016 . 34,489 VPD 18,704 VPD. Restaurant Property for Sale or Lease. 2126 N. Josey Lane, Carrollton, Texas. PP SIGN BOL BOL BOL BOL VAC

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GI10' UTILITY EASEMENTVOLUME 96134, PAGE 4664

VOLUME 2005132, PAGE 144

10' UTILITY EASEMENTVOLUME 88013, PAGE 3814VOLUME 91094, PAGE 3889

VOLUME 2005132, PAGE 144

CONCRETEPAVEMENT

CONCRETEPAVEMENT

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CONCRETEPAVEMENT

CONCRETEPAVEMENT

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VOL. 87073, PG. 4568VOL. 88013, PG. 3814VOL. 91094, PG. 3889

VOL. 2005132, PG. 144

25' U

TILITY EASEMENT

VOL. 96134, P

G. 4664

VOL. 20

0513

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44

15' U

TILITY EASEMENT

VOL. 96

134,

PG. 466

4

VOL. 20

0513

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24' ACCESS AND

UTILITY EASEMENT

VOL. 2005132, PG. 144

10'X15

' WATER

EASEMENT

VOL. 20

0513

2, PG. 1

44

10'X15' WATEREASEMENT

VOL. 2005132, PG. 144

ONE STORYBRICK/ROCK

2126 Josey Lane(3,961 sq. ft.)

70.5'

15.0'

2.4'

15.1'

2.4'

15.1'

46.8'22.2' 4.0'

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20' UTILITY EASEMENTVOLUME 98134, PAGE 4664LOT 4R, BLOCK 1 REPLAT

OF PLAZA 2 OF JOSEYRANCH ADDITION

VOL. 96134, PG. 4664

LOT 6R1, BLOCK 1 SECONDREPLAT OF PLAZA 2 OF

JOSEY RANCH ADDITIONVol. 2005132, Pg. 144

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S 41°12'15" E64.53'

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L=224.72'Ch L=224.71'

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N 00°36'11" E26.78'

POINT OFBEGINNING

RAILROAD TRACKS

CANOPY

1.354 ACRES(58,972 SQ. FT.)

LOT 5R1, BLOCK 1 SECONDREPLAT OF PLAZA 2 OF

JOSEY RANCH ADDITIONVOL. 2005132, PG. 144

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SURVEYOR'S CERTIFICATION

TO: Benchmark Title, LLC, Title Resources Guaranty Company and Brian Mitchell

This is to certify that this map or plat and the survey on which it is based were made in accordance with the 2016 Minimum Standard DetailRequirements for ALTA/NSPS Land Title Surveys, jointly established and adopted by ALTA and NSPS, and includes Items 1, 2, 3, 4, 7(a),7(b)(1), 8, 9 and 13 of Table A thereof. The field work was completed on 03/29/2016.

________________________________________________________________________Leonard J. Lueker (Original signature in red ink)Registered Professional Land SurveyorTexas Registration No. 5714Winkelmann & Associates, Inc.6750 Hillcrest Plaza Drive, Suite 325Dallas, Texas 75230(972) [email protected]

Please note that the use of the word "CERTIFY" or "CERTIFICATE" used hereon constitutes an expression of professional opinionregarding those facts or findings which are the subject of the certification, and does not constitute a warranty or guarantee, eitherexpressed or implied.

FLOOD NOTE

According to the Federal Emergency Management Agency, Flood Insurance Rate Map CommunityPanel No. 48113C0160K, dated July 7, 2014, this property is within Flood Zone X.

Zone X - Areas determined to be outside the 0.2% annual chance floodplain. (Areas determined to beoutside the 500-year floodplain.)

This flood statement does not imply that the property and/or the structure thereon will be free fromflooding or flood damage. On rare occasions, greater floods can and will occur and flood heights maybe increased by man-made or natural causes. This flood statement shall not create liability on the partof the surveyor.

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Scale 1" = 30'

ABBREVIATION LEGENDABBR. DEFINITIONIRF IRON ROD FOUNDCIRS IRON ROD SET w/CAP STAMPED "WAI"CIRF IRON ROD FOUND w/CAPXCS "X" CUT IN CONCRETE SETXCF "X" CUT IN CONCRETE FOUNDPKS PK NAIL SETPKF PK NAIL FOUNDMAG MAG NAIL WITH SHINER SETPP POWER POLEGW GUY WIREMH MANHOLEWV WATER VALVETP TELEPHONE PEDESTALWM WATER METERFH FIRE HYDRANTICV IRRIGATION CONTROL VALVECO CLEANOUTAC AIR CONDITIONERSB SIGNAL BOXSP SIGNAL POLESN SIGNSS SANITARY SEWERSW STORM SEWERTPAD TRANSFORMER PADGM GAS METERGMK GAS MARKERTMK TELEPHONE MARKERTSN TRAFFIC SIGNUGC UNDERGROUND CABLE MARKEREB ELECTRIC BOXEM ELECTRIC METERCC# COUNTY CLERK'S INSTRUMENT No.CM CONTROLLING MONUMENTGI GRATE INLETIN INLETHC HANDICAPPEDMP METAL POSTMB MAIL BOXBILLB BILLBOARDGL GROUND LIGHTLP LIGHT POLEGR GAS RISERPM PAINT MARKPF PIN FLAGWP WOOD POSTMP METAL POST

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PROPERTY DESCRIPTION

STATE OF TEXAS §COUNTY OF DALLAS §TRACT 1

BEING a tract of land situated in the J.A. ARMSTRONG SURVEY, ABSTRACT NO. 29, City of Carrollton, Dallas County,Texas and being all of Lot 5R1, Block 1 of the Replat of Plaza 2 of Josey Ranch Addition an addition to the City ofCarrollton according to the plat recorded in Volume 2005132, Page 144 of the Map Records of Dallas County, Texas andbeing more particularly described as follows:

BEGINNING at a 1/2 inch iron rod with red plastic cap stamped "W.A.I." set for corner at the intersection of the easterlyright-of-way line of Josey Lane (100' right-of-way) and the northerly right-of-way line of the St. Louis, San Francisco & TexasRailroad (100' right-of-way);

THENCE along the easterly right-of-way of said Josey Lane the following:

North 02 deg 49 min 51 sec East, a distance of 84.40 feet to a 1/2 inch iron rod with red plastic cap stamped "W.A.I."found for corner and the beginning of a curve to the left, having a radius of 5779.58 feet, a central angle of 02 deg 13min 40 sec, a chord bearing of North 01 deg 43 min 01 sec East, and a chord length of 224.71 feet;

Along said curve to the left, an arc distance of 224.72 feet to a 1/2 inch iron rod with red plastic cap stamped "W.A.I."set for corner;

North 00 deg 36 min 11 sec East, a distance of 26.78 feet to a 1/2 inch iron rod found for corner at the southwestcorner of Lot 4R, Block 1;

THENCE South 89 deg 23 min 49 sec East, departing the easterly right-of-way of said Josey Lane and along the southerlyline of said Lot 4R, a distance of 271.00 feet to a 1/2 inch iron rod with red plastic cap stamped "W.A.I." found for corner atthe southeast property corner of said Lot 4R, Block 1;

THENCE South 41 deg 12 min 15 sec East, a distance of 64.53 feet to a 1/2 inch iron rod with red plastic cap stamped"W.A.I." found for corner in the northerly right-of-way line of said St. Louis, San Francisco & Texas Railroad;

THENCE South 48 deg 47 min 45 sec West, along the northerly right-of-way line of said St. Louis, San Francisco & TexasRailroad, a distance of 431.54 feet to the POINT OF BEGINNING;

CONTAINING within these metes and bounds 1.354 acres or 58,972 square feet of land, more or less.

Bearings shown hereon are based upon an on-the-ground Survey performed in the field on the 29th day of March, 2016,utilizing a measurement of South 48 deg 47 min 45 sec West (plat-South 48 deg 47 min 45 sec West), along theSoutheasterly line of Lot 5R1, Block 1, as found on the Second Replat of the PLAZA II of the Josey Ranch Addition asrecorded in Volume 2005132, Page 0144, Deed Records of Dallas County, Texas (D.R.D.C.T.).

TRACT 2:Non-Exclusive easement as created in Mutual Access and Parking Agreement executed by and between Josey InvestmentJoint Venture, a Texas joint venture dated September 4, 1987, recorded in Volume 87190, Page 4919, Deed Records,Dallas County, Texas.

TRACT 3:Non-Exclusive easement as created in Mutual Access, Sanitary Sewer, Storm Sewer and Detention Ponds executed by andJosey Investment Joint Venture j and Tony Smith and Retail Building, Inc. dated September 20, 1996, filed September 24,1996, recorded in Volume 96187, Page 7872, Deed Records, Dallas County, Texas.

TRACT 4:Non-exclusive easement as created in Reciprocal Easement Agreement executed by and between Tippin's Restaurants,Inc. and Josey Investment Joint Venture dated May 15, 1991, filed May 23,1991, recorded in Volume 91101, Page 1855,Deed Records, Dallas County, Texas.

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SCHEDULE "B" NOTES

Items corresponding to the Commitment for Title Insurance issued April 12, 2016 by Title Resources Guaranty Company bearing aneffective date of March 28, 2016, GF# PL16-17834.

1-10e. Intentionally omitted, by Surveyor.

10f. The following easements and/or building lines affecting the subject property as shown on Plat recorded in Volume 2005132, Page144, Plat Records, Dallas County, Texas:

a.) 25' utility easement over the South property line; (Affects the subject property, as shown)b.) 10' x 15' water easements; (Affects the subject property, as shown)c.) 10' utility easements over the West property line; (Affects the subject property, as shown)d.) 15' utility easement over the South property line; (Affects the subject property, as shown)e.) 24' access and utility easement over and across subject property; (Affects the subject property, as shown) andf.) 5' street/sidewalk and utility easement; (Affects the subject property, as shown)

10g. Terms, conditions and provisions of that certain Mutual Access and Parking Agreement by and between Josey Investment JointVenture, a Texas joint venture and City of Carrollton, dated September 4, 1987, filed October 1, 1987, recorded in Volume 87190,Page 4919, Deed Records, Dallas County, Texas. (Affects the subject property, blanket)

10h. Terms, conditions and provisions of easement and right-of-way executed by F. Garrison, to Brazos River Transmission Electric.Cooperative, Inc., a cooperative corporation, dated January 7, 1941, filed August 25, 1992, recorded in Volume 92167, Page 1675,Deed Records, Dallas County, Texas. (Due to the age and generalities, this easement could not be plotted, but may affect the subjectproperty)

10i. Terms, conditions and provisions of that certain Non-exclusive Easement (Mutual Access, Sanitary Sewer, Storm Sewer andDetention Ponds), by and between Josey Investment Joint Venture, Troy Smith, Inc. and Retail Buildings, Inc., dated September 20,1996, filed September 24, 1996, recorded in Volume 96187, Page 7872, Deed Records, Dallas County, Texas. (Affects the subjectproperty, blanket)

10j. Terms, conditions and provisions of that certain Reciprocal Easement Agreement by and between Tippin's Restaurants, Inc., anIowa corporation and Josey Investment Joint Venture, a Texas joint venture, dated May 15,1991, filed May 23,1991, recorded inVolume 91101, Page 1855, Deed Records, Dallas County, Texas. (Affects the subject property, blanket)

Affected by Amended and Restated Reciprocal Easement Agreement, dated September 17,1997, filed October 1, 1997, recorded inVolume 97192, Page 2287, Deed Records, Dallas County, Texas. (Affects the subject property, blanket)

10k-10l. Intentionally omitted, by Surveyor.

The Surveyor has not abstracted the record title and/or easements of the subject property. The Surveyor prepared this survey with thebenefit of a title commitment described above and assumes no liability for any easements, right-of-way dedications or other titlematters affecting the subject property which may have been filed in the real property records but are not disclosed in said titlecommitment.

101

/14/

2016

upda

ted

title

Jordan Realty Advisors16475 Dallas Parkway, Suite 540 | Addison, Texas 75001

972.231.8600 x1 | 972.231.8695 (fax)

For More Information:Todd [email protected]

Restaurant Property for Sale or Lease2126 N. Josey Lane, Carrollton, Texas

Page 4: Restaurant Property for Sale or Lease€¦ · 2016 . 34,489 VPD 18,704 VPD. Restaurant Property for Sale or Lease. 2126 N. Josey Lane, Carrollton, Texas. PP SIGN BOL BOL BOL BOL VAC

Jordan Realty Advisors16475 Dallas Parkway, Suite 540 | Addison, Texas 75001

972.231.8600 x1 | 972.231.8695 (fax)

For More Information:Todd [email protected]

Restaurant Property for Sale or Lease2126 N. Josey Lane, Carrollton, Texas

Page 5: Restaurant Property for Sale or Lease€¦ · 2016 . 34,489 VPD 18,704 VPD. Restaurant Property for Sale or Lease. 2126 N. Josey Lane, Carrollton, Texas. PP SIGN BOL BOL BOL BOL VAC