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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.

Property Facts

Sale Type Investment or Owner User
Cap Rate 8.06%
Property Type
Specialty
  • Specialty Parking Lot
Building Size 960 SF
No. Stories 1
Year Built/Renovated 1985/2025
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41097123

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 2002 W Main St, Grand Prairie, TX 75050

Contact the Sale Advisor

2002 W Main St - Auto Dealership

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