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12111 Garland Rd
Dallas, TX 75218
Service King · Retail Property For Sale

Investment Highlights

  • Long-term historical occupancy: Service King has been operating at this location for 17 years
  • Four (4) rental increases throughout the new 20-year term (details in Lease Abstract)
  • Absolute net lease, zero Landlord responsibilities whatsoever
  • Dedication to the site: Service King will exercise a ~16-year lease extension upon sale for a total of 20 years of lease term
  • Attractive below market rent of $12.41 PSF (NNN market rent is $13.92 PSF)
  • Located next to intersection with 30,000 +/- vehicles per day

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,618 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.14
Lot Size
2.80 AC
Zoning
MC3, Dallas
Parking
67 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
214’ on Garland Road

Property Taxes

Property Taxes

Parcel Number
006583000B0010000
Land Assessment
$732,460
Improvements Assessment
$1,722,540
Total Assessment
$2,455,000
  • Listing ID: 21931358

  • Date on Market: 1/8/2021

  • Last Updated:

  • Address: 12111 Garland Rd, Dallas, TX 75218

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