7700 Davis Blvd - Auto Repair FOR SALE


North Richland Hills, TX 76182
$1,536,000 USD
332-345-4220
7700 Davis Blvd, North Richland Hills, TX for Sale
$1,536,000 USD
Auto Repair - FOR SALE
1/2
null | 5.5% Cap Rate

7700 Davis Blvd
North Richland Hills, TX 76182


HIGHLIGHTS

  • Located In the Heart of Dallas Fort Worth MSA
  • Long Term NNN Lease With Annual Increases & Zero Landlord Responsibilities
  • Outstanding Demographics

OVERVIEW

NNN Pro is pleased to present the exclusive listing for the Parra Car Care located at 7700 A Davis Blvd, North Richland Hills, TX 76182. The site consists of roughly 4,470 rentable square feet of building space on an estimated 1.4-acre parcel of land. This is subject to a 20-year Triple Net (NNN) lease guaranteed by Sun Auto, which commenced 5/13/2022. The current annual rent is $84,480 and has scheduled increases of 1.75% annually.

FOR SALE DETAILS

PRICE

$1,536,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parra Car Care - Sun Auto Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

01892614

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 Policy.