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No Tenant Specified

VOLLI | Pickleball & Entertainment | 7.50% Cap Rate |15 Year Absolute NNN Lease | DFW MSA

6635 NE Loop 820, North Richland Hills, TX 76180

Listing Price: $10,388,000

Cap Rate
7.50%
Tenant Name
VOLLI Entertainment LLC
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
62,329
Lease Type
Absolute Net
Rent Per Square Feet
$12.50

Investment Overview

Marcus & Millichap is pleased to present this fee-simple opportunity to acquire a pickleball & entertainment facility in North Richland Hills, TX offering below market rent and custom buildout by the Tenant. VOLLI is a proven indoor pickleball & eatertainment concept with multiple locations already operating. This will be the first in the Dallas-Fort Worth MSA; Positioned right off Interstate 820, it allows easy access and excellent visibility to over 150K vehicles per day. The offering features a brand new 15-year Absolute NNN lease with 2.50% annual increases throughout the term and in each renewal option.

North Richland Hills, Texas, within the Dallas-Fort Worth metro, is known for rapid growth and a diverse economy spanning retail, healthcare, tech, and manufacturing. Major employers like Sabre Corporation, Galderma Laboratories, and BNSF Railway anchor the city’s job market and economic stability. North Richland Hills is the third most populous city in Tarrant County. VOLLI is well positioned to serve a densely populated area, with more than 286,907 residents earning and average household income exceeding $95K within a 5-mile area. Moreover, the Dallas-Fort Worth area is emerging as one of the fastest growing MSA areas in the U.S.

Investment Highlights

  • Brand New Long-Term Absolute NNN Lease
  • Growing Regional Sport Concept
  • Highly Successful Operator
  • Outstanding Dallas-Fort Worth Submarket
  • Dominant Freeway Access & Visibility
  • Nearby Significant Economic Development Projects

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

No Tenant Specified

VOLLI | Pickleball & Entertainment | 7.50% Cap Rate |15 Year Absolute NNN Lease | DFW MSA

Listing Price: $10,388,000

Cap Rate
7.50%
Tenant Name
VOLLI Entertainment LLC
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
62,329
Lease Type
Absolute Net
Rent Per Square Feet
$12.50

Investment Highlights

  • Brand New Long-Term Absolute NNN Lease
  • Growing Regional Sport Concept
  • Highly Successful Operator
  • Outstanding Dallas-Fort Worth Submarket
  • Dominant Freeway Access & Visibility
  • Nearby Significant Economic Development Projects

Investment Overview

Marcus & Millichap is pleased to present this fee-simple opportunity to acquire a pickleball & entertainment facility in North Richland Hills, TX offering below market rent and custom buildout by the Tenant. VOLLI is a proven indoor pickleball & eatertainment concept with multiple locations already operating. This will be the first in the Dallas-Fort Worth MSA; Positioned right off Interstate 820, it allows easy access and excellent visibility to over 150K vehicles per day. The offering features a brand new 15-year Absolute NNN lease with 2.50% annual increases throughout the term and in each renewal option. North Richland Hills, Texas, within the Dallas-Fort Worth metro, is known for rapid growth and a diverse economy spanning retail, healthcare, tech, and manufacturing. Major employers like Sabre Corporation, Galderma Laboratories, and BNSF Railway anchor the city’s job market and economic stability. North Richland Hills is the third most populous city in Tarrant County. VOLLI is well positioned to serve a densely populated area, with more than 286,907 residents earning and average household income exceeding $95K within a 5-mile area. Moreover, the Dallas-Fort Worth area is emerging as one of the fastest growing MSA areas in the U.S.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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