3900 Memorial Dr - Auto Repair FOR SALE


The Colony, TX 75056
$11,000,000 USD
214-560-6900
3900 Memorial Dr, The Colony, TX for Sale
$11,000,000 USD
Auto Repair - FOR SALE
1/8
null | 6% Cap Rate

3900 Memorial Dr
The Colony, TX 75056


HIGHLIGHTS

  • New 20-Year Lease | Corporate Guaranty | Options To Extend | Scheduled Rental Increases | Additional Land Available
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Grandscape (400 Acres) | Lewisville Towne Crossing | Proximity to Multi-Family Developments
  • High Growth Area | Dallas-Fort Worth Metroplex | High Barriers To Entry
  • Signalized, Hard Corner Intersection | Sam Rayburn Tollway
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Quality Collision investment property located in The Colony, Texas. The tenant, Quality Collision, recently signed a brand new 20-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The 0.85 acre parcel next to the subject property is also available for sale ($28 PSF), contact listing agents for more details.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Collision Group | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

2.89 AC

LAND SF

125,888 SF

ZONING

PD

APN/PARCEL ID

1077220

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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