Lucid Motors
Dallas
,
TX
Texas
Call for Details
$
16,684,000
.svg)
Call for Details
6.75
%
CAP Rate
3.5% Annual Increases
Providing a Hedge Against Inflation
Population of Over 1.2 Million
Within 10 Miles
3.5 Miles from Downtown Dallas
One of the Largest & Fastest Growing Metros in the U.S.
Property details
- New 12-Year Corporate Net Lease to Lucid Motors (NASDAQ: LCID)
- 3.5% Annual Rent Increases Providing a Hedge Against Inflation
- Backed by $3.8M Letter of Credit from Bank of America
- 20-Year Roof Warranty for Each Building with ~16 Years Remaining
- Significant Capital Investment into the Site of over $3.5 Million for Robust EV Charging Infrastructure and a High-End Showroom Buildout with Service & Delivery
- Mission-Critical Lucid Sales, Service, and Delivery Facility Strategically Positioned in High-Growth, Affluent Dallas–Fort Worth Market
- High-Growth Premium EV Manufacturer
- Delivered 15,841 Vehicles in 2025 (+55% YOY)
- Delivers Some of the Highest Efficiency Ratings in EV Sector
- Highly Desirable Infill Location Near Downtown Dallas (3.5 Miles)
- Excellent Frontage & Exposure Along Irving Blvd (16,108 ADT)
- Dallas-Fort Worth Metro is the Largest in the Southern U.S.
- No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342