2960 N Belt Line Rd - Auto Repair FOR SALE
Irving, TX 75062 |
2960 N Belt Line Rd
Irving, TX 75062
HIGHLIGHTS
- 19-Years Remaining on Absolute NNN Lease with attractive/RARE ANNUAL rental escalations at the greater of 2% or CPI (capped at 6%)
- Grease Monkey International, LLC (dba. FullSpeed Automotive) founded in 1978 is one of the nation’s largest franchisors/operators of automotive serv
- AFFLUENT 2023 DEMOGRAPHICS: Total Population (5-MI): 250,034 | Average Household Income (1-MI): $104,889
- CORPORATE LEASE - Their brands include Grease Monkey, SpeeDee, American Lube Fast, Economy Oil Change, Kwik Kar and more!
- Property may qualify for 60% Year 1 Bonus Depreciation (**Purchaser to confirm with CPA - See Acceleration Depreciation Model)
- Well positioned in dense/dominant retail corridor on a signalized, hard corner of N Belt Line Rd & W Rochelle Rd with excellent drive-by visibility
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
KWIK KAR (ANNUAL BUMPS UP TO 6%)– IRVING, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Fast Food, Restaurant, Service Station
TOTAL BUILDING SIZE
3048
STORIES
1
YEAR BUILT
2001
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
32252180010010000
