1405 W University Dr - Auto Repair FOR SALE


Denton, TX 76201- Downtown Denton
$3,273,000 USD
214-252-1030
1405 W University Dr, Denton, TX for Sale
$3,273,000 USD
Auto Repair - FOR SALE
1/3
null | 5.5% Cap Rate

1405 W University Dr
Denton, TX 76201
Downtown Denton


OVERVIEW

Corporate, Absolute NNN Lease with Zero Landlord Responsibilities – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure High Quality 2022 Construction with 8 Docks – The lot features excellent ingress/egress and ample parking 1-Mile from University of North Texas with Annual Enrollment of over 34,400 Students Strong Corporate Guarantee – The lease is backed by Mavis Tire Express Services Intermediate Corp. which has 14 different brands in their family and over 3,500 locations Best In Class Tenant – Since its first opening in 1990, Brakes Plus has grown to over 180 locations across 6 states and is known for its commitment to quality, customer satisfaction, and strong regional presence

FOR SALE DETAILS

PRICE

$3,273,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

-

APN/PARCEL ID

1007604

ASK ABOUT THIS PROPERTY

214-252-1030

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214-252-1030

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