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Parra Car Care - Sun Auto Corporate Guaranty 219 W Euless Blvd 6,250 SF 100% Leased Retail Building Euless, TX 76040 $2,670,113 ($427.22/SF) 6.15% Cap Rate
Investment Highlights
- Located In the Heart of Dallas Fort Worth MSA
- Exceptional Highway Visibility & Access
- Long Term NNN Lease With Annual Increases & Zero Landlord Responsibilities
- Attractive Price Well Below Replacement Cost
Executive Summary
SURMOUNT is pleased to present the exclusive listing for a Sun Auto located at 219 W Euless Blvd, Euless, TX 76040. The site consists of roughly 6,250 rentable square feet of building space on an estimated 1.7-acre parcel of land. This Sun Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 5/13/2022. The current annual rent is $164,212 and has scheduled increases of 1.75% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,250 SF
Building Class
C
Year Built
1972
Price
$2,670,113
Price Per SF
$427.22
Cap Rate
6.15%
NOI
$164,212
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.70 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01824708 | Improvements Assessment | $221,447 |
| Land Assessment | $222,303 | Total Assessment | $443,750 |
Property Taxes
Parcel Number
01824708
Land Assessment
$222,303
Improvements Assessment
$221,447
Total Assessment
$443,750
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Parra Car Care - Sun Auto Corporate Guaranty | 219 W Euless Blvd
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