$1,200,000 USD
818-618-4522
401 N Garland Ave
Garland, TX 75040
Downtown Garland
HIGHLIGHTS
- ABSOLUTE NNN LEASE – ZERO LANDLORD RESPONSIBILITIES- The property is subject to an absolute triple-net lease
- STRONG CORPORATE TENANT WITH NATIONAL PRESENCE- The asset is leased to Take 5 Oil Change, operated by Driven Brands
- DENSE RETAIL CORRIDOR WITH EXCELLENT VISIBILITY- Located on N Garland Ave, a well-trafficked arterial road with ±23,700 vehicles per day
- RECENT RENOVATIONS IN 2017- Renovated in 2017, the property offers newer upgrades with minimal near-term capital expenditure requirements
- LOCATED IN GROWING SUBMARKET OF DALLAS-FORT WORTH MSA- Situated in Garland, part of the expansive Dallas-Fort Worth MSA
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$424 USD /SF
CAP RATE
5.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.47 AC
LAND SF
20,525 SF
ZONING
Z239
APN/PARCEL ID
26282800010010000
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818-618-4522
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818-618-4522
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