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Auto Dealership 2002 W Main St 960 SF Retail Building Grand Prairie, TX 75050 For Sale 8.06% Cap Rate
Investment Highlights
- Stabilized, income-producing used auto dealership asset
- Adjacent 2010 W Main St parcel supports dealership operations
- Core asset generates primary rental income / supports cap rate
- Combined assets ensure operational continuity of business
Executive Summary
Stabilized, income-producing automotive investment consisting of an operating used car dealership at 2002 W Main St with an adjacent overflow parking parcel at 2010 W Main St that supports ongoing tenant operations.
The primary asset (2002 W Main St) is a long-term leased, cash-flowing used auto dealership that forms the basis of the underwriting and cap rate analysis. It provides stable in-place income with limited landlord responsibilities.
The adjoining parcel (2010 W Main St) functions as essential operational support for vehicle inventory and customer overflow parking, ensuring continuity of the dealership’s business. While not underwritten as a standalone income-producing asset, it enhances tenant stability and includes long-term redevelopment potential subject to City approval.
Together, the properties separate cash flow from land value while offering both immediate income stability and future upside optionality.
The primary asset (2002 W Main St) is a long-term leased, cash-flowing used auto dealership that forms the basis of the underwriting and cap rate analysis. It provides stable in-place income with limited landlord responsibilities.
The adjoining parcel (2010 W Main St) functions as essential operational support for vehicle inventory and customer overflow parking, ensuring continuity of the dealership’s business. While not underwritten as a standalone income-producing asset, it enhances tenant stability and includes long-term redevelopment potential subject to City approval.
Together, the properties separate cash flow from land value while offering both immediate income stability and future upside optionality.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
960 SF
Building Class
C
Year Built/Renovated
1985/2025
Cap Rate
8.06%
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Zoning
F10 - Sales Office
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
301’ on West Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $44,960 | |
| Land Assessment | $137,700 | Total Assessment | $182,660 |
Property Taxes
Parcel Numbers
Land Assessment
$137,700
Improvements Assessment
$44,960
Total Assessment
$182,660
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Auto Dealership | 2002 W Main St