5611 S Cooper St - Auto Repair FOR SALE


Arlington, TX 76017- South Arlington
$5,477,800 USD
407-808-1657
5611 S Cooper St, Arlington, TX for Sale
$5,477,800 USD
Auto Repair - FOR SALE
1/7
null | 6.25% Cap Rate

5611 S Cooper St
Arlington, TX 76017
South Arlington


HIGHLIGHTS

  • Long term lease with major automotive company Driver’s Edge Tires - Part of the Sun Auto Tire & Service platform
  • Sun Auto Tire & Service operates over 550 locations across the US and has been around since 1978 - Expanding Locations
  • Absolute NNN lease – No landlord management obligations - Tire sales are internet proof, recession proof and a critical auto owner purchase
  • Fixed annual rent increases throughout entire lease term including options - Massive hedge against inflation
  • Huge daytime population count of over 100,000 people within 3 miles
  • Texas has NO STATE INCOME TAX

OVERVIEW

CBRE is pleased to present this corporately guaranteed Driver’s Edge Tire & Auto Service property located in Arlington, TX. (Goodyear, Michelin, Bridgestone, Continental Tires dealership) Part of the Sun Auto Network with 550+ locations nationwide (and expanding), this is a highly successful Driver’s Edge Tires location with an operating history of over 10 years. There are 11 years remaining on the initial 20 year lease. This is an absolute NNN lease with NO LANDLORD MANAGEMENT OBLIGATIONS and extremely rare fixed annual rent increases throughout the entire lease, including options. (massive hedge against inflation, while increasing property value) This auto tire replacement location is absolutely internet and recession proof. Long term 11+ years, fortress credit lease. This tire replacement property is extremely well located in an affluent and densely populated part of Arlington, TX as an Aldi Grocery out-lot and sits directly on one of the city’s busiest commercial arterials providing excellent access and exposure to constant commuter, retail, and local traffic. Just minutes from Texas Rangers Stadium, The Parks Mall and Arlington Highlands—two of the region’s most prominent retail hubs—this location offers investors a stable, long-term opportunity in a high-demand market.

FOR SALE DETAILS

PRICE

$5,477,800 USD

PRICE/SF

$824 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Driver's Edge Tires

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

N/A

APN/PARCEL ID

41491238

ASK ABOUT THIS PROPERTY

Ray RomanoCBRE, Inc.More Info
407-808-1657

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Ray RomanoCBRE, Inc.More Info
407-808-1657

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