6017 S Cooper St - Auto Repair FOR SALE


Arlington, TX 76001- South Arlington
$2,452,914 USD
332-345-4220
6017 S Cooper St, Arlington, TX for Sale
$2,452,914 USD
Auto Repair - FOR SALE
1/2
null | 5.25% Cap Rate

6017 S Cooper St
Arlington, TX 76001
South Arlington


HIGHLIGHTS

  • Prime Location in the Dallas–Fort Worth MSA – Income Tax-Free State
  • Prime Street Visibility on Cooper Street
  • Long-Term NNN Lease with Scheduled Rental Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Brakes Plus located at 6017 S Cooper Street, Arlington, TX 76001. The site consists of roughly 4,600 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Brakes Plus is subject to a 20-year Triple Net (NNN) lease, which commenced 11/1/2023. The current annual rent is $128,778 and has scheduled increases of 1.50% annually until 11/1/2028, then 7.5% every 5 years thereafter.

FOR SALE DETAILS

PRICE

$2,452,914 USD

PRICE/SF

$533 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus - Mavis Corporate Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

Ind

APN/PARCEL ID

06908888

ASK ABOUT THIS PROPERTY

Richard NardiNNN Pro GroupMore Info
332-345-4220

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Richard NardiNNN Pro GroupMore Info
332-345-4220

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