2433 W Shady Grove Rd - Freestanding FOR SALE


Irving, TX 75060
$875,000 USD
480-252-0226
2433 W Shady Grove Rd, Irving, TX for Sale
$875,000 USD
Freestanding - FOR SALE
1/5
null | 7.12% Cap Rate

2433 W Shady Grove Rd
Irving, TX 75060


OVERVIEW

Low Price Point | Priced at $875,000, this property offers an accessible entry point for investors seeking a manageable and low risk retail asset. The competitive price point provides an excellent opportunity to diversify portfolios without significant capital outlay, appealing to both first-time and experienced investors. Double-Net (NN) Lease | This property features a Double-Net (NN) lease, requiring the landlord to handle only roof and structure responsibilities. With limited maintenance obligations, this asset provides an ideal opportunity for investors seeking a stable, low-effort addition to their portfolio. No Renewal Options | This property is offered with a single-term lease and no renewal options, providing flexibility for future redevelopment or re-leasing strategies. Ideal for investors seeking shorter-term commitments or those looking to reposition an asset in the near term. Supplemental Income | This property includes additional income potential with $700 per month for 5 months from a seasonal Snow Cone tenant, not currently factored into the NOI. This supplemental revenue enhances the investment's appeal and provides an opportunity for increased returns.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

CN

APN/PARCEL ID

32325400000050000

ASK ABOUT THIS PROPERTY

Jonathan EckerdNNN Pro GroupMore Info
480-252-0226

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

Jonathan EckerdNNN Pro GroupMore Info
480-252-0226

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