565 W Oates Rd - Freestanding FOR SALE


Garland, TX 75043
$5,959,000 USD
214-696-6677
565 W Oates Rd, Garland, TX for Sale
$5,959,000 USD
Freestanding - FOR SALE
1/13
null | 6.5% Cap Rate

565 W Oates Rd
Garland, TX 75043


HIGHLIGHTS

  • Long-term tenant roster with multiple occupancies exceeding 10 years supports income durability.
  • Located within a densely populated residential area ensuring consistent consumer traffic.
  • Adjacent to Audubon Park featuring recreational amenities that drive steady visitor flow.
  • Less than one mile from major highways I-30 and I-635, providing regional accessibility.
  • Occupancy at 88% with NOI reported at $387,342 and a 6.5% cap rate enhances investor appeal.

OVERVIEW

Audubon Village Shopping Center is a 32,781 SF neighborhood retail center in Garland, TX, featuring community favorites such as Da Boyz Sports Bar & Grill, Sothern Maid Donuts, Louisiana Famous Fried Chicken, and Skillman Wok. Service uses include Skye Nails, a Hair Salon, La Prada Dental, and a Health Care Clinic. Our newest Tenant, Launch Labs, offers Golf Simulator Training, Entertainment, and Corporate Events. Audubon Village is located across the street from the expansive Audubon Park which hosts several sports fields, the city Aquatic Center, Rec. Center, and two Disc Golf Courses.

FOR SALE DETAILS

PRICE

$5,959,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Audubon Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

225

LAND DETAILS

LAND ACRES

2.97 AC

LAND SF

129,373 SF

ZONING

C

APN/PARCEL ID

26309290010020000

ASK ABOUT THIS PROPERTY

Erik FulkersonCrest Commercial Real Estate Inc.More Info
214-696-6677

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Erik FulkersonCrest Commercial Real Estate Inc.More Info
214-696-6677

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