2301 Arapaho Rd - Service Station FOR SALE


Garland, TX 75044
$1,545,454 USD
214-692-2847
2301 Arapaho Rd, Garland, TX for Sale
$1,545,454 USD
Service Station - FOR SALE
1/3
null | 5.5% Cap Rate

2301 Arapaho Rd
Garland, TX 75044


HIGHLIGHTS

  • New 15-Year Corporate Lease – This long-term, passive investment is backed by a 15-year lease signed by Swig Corporate—the originator of the viral
  • Oversized Parcel – At over an acre, the subject property provides ample room for Swig and any future food users, including generous parking
  • Purchasing Near Land Value – With 1-acre lots in the DFW metroplex typically trading between $1M and $1.5M, this property is being offered
  • Multiple New Apartments – Roughly 1,000 units have recently been constructed adjacent to the subject property with a large data center under construct
  • Concentration of Schools – The subject property draws from a combined base of approximately 4,000 students (and their families) each year
  • Grocery-Anchored Trade Area – Tom Thumb (Albertsons) anchors the immediate trade area west of the subject property

OVERVIEW

Broker of Record Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

FOR SALE DETAILS

PRICE

$1,545,454 USD

PRICE/SF

$2,061 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,950 SF

ZONING

Z239

APN/PARCEL ID

26519560010030000

ASK ABOUT THIS PROPERTY

Conrad SarrealMatthews Real Estate Investment ServicesMore Info
214-692-2847

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Conrad SarrealMatthews Real Estate Investment ServicesMore Info
214-692-2847

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