4212 N Central Expy - Auto Repair FOR SALE


Dallas, TX 75206- Knox Henderson
$2,614,196 USD
332-345-4220
4212 N Central Expy, Dallas, TX for Sale
$2,614,196 USD
Auto Repair - FOR SALE
1/3
null | 5.5% Cap Rate

4212 N Central Expy
Dallas, TX 75206
Knox Henderson


HIGHLIGHTS

  • Long-Term NNN Lease
  • High Performing Location With Strong Store Sales
  • Strong In-Place Income With Accelerated Rental Increase Structure
  • Dense Urban Trade Area

OVERVIEW

Surmount is pleased to present the exclusive listing for a Brakes Plus located at 4212 North Central Expressway, Dallas, TX 75206. The site consists of roughly 4,050 rentable square feet of building space on an estimated .3-acre parcel of land. Brakes Plus is subject to a 20.04-year Triple Net (NNN) lease, which commenced 4.20.2023. The current annual rent is $143,781 and has scheduled increases of Variable.

FOR SALE DETAILS

PRICE

$2,614,196 USD

PRICE/SF

$627 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Normah Street

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

CR

APN/PARCEL ID

00000193453000000

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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Richard NardiSurmountMore Info
332-345-4220

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