2002 W Main St - Auto Dealership FOR SALE


Grand Prairie, TX 75050
$1,595,000 USD
817-928-9426
2002 W Main St, Grand Prairie, TX for Sale
$1,595,000 USD
Auto Dealership - FOR SALE
1/4
null | Request Cap Rate

2002 W Main St
Grand Prairie, TX 75050


HIGHLIGHTS

  • Passive income investment with future owner-user flexibility
  • Gross lease in place through 2027, with tenant responsible for taxes and insurance
  • 150 feet of frontage on W Main Street with strong visibility and signage exposure
  • 0.70-acre site featuring a renovated 960 SF office (2025) and full iron perimeter fencing
  • Prime access to SH-161, N Great Southwest Parkway, I-30, and I-20
  • High-traffic automotive corridor surrounded by active retail and automotive users

OVERVIEW

Stabilized, income-producing automotive investment consisting of an operating used auto dealership at 2002 W Main St with an adjacent overflow parking parcel at 2010 W Main St that supports ongoing tenant operations. The primary asset at 2002 W Main St is a leased, cash-flowing used auto dealership that forms the basis of the income and cap rate analysis. The lease is in place through 2027 with a renewal option, providing stable in-place income with limited landlord responsibilities. The adjoining 2010 W Main St parcel provides essential overflow parking for vehicle inventory and customer parking, supporting the continued operation of the dealership. It does not generate separate rental income; its value is tied to its support of dealership operations and future land-use potential, subject to City approval. Together, the properties provide immediate income stability while offering additional land value and long-term flexibility. The offering provides investors with current cash flow from an established automotive tenant, combined with the future potential of the adjoining land.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$1,661 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Auto Dealership

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Parking Lot

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

28052500850010000,28052500850040000

ASK ABOUT THIS PROPERTY

Gloria CastillejaMoonCast CommercialMore Info
817-928-9426

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Gloria CastillejaMoonCast CommercialMore Info
817-928-9426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.