2960 N Belt Line Rd | Irving, TX 75062
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- LoopNet Team
2960 N Belt Line Rd
Irving, TX 75062
KWIK KAR – IRVING, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with attractive/RARE rental escalations at the greater of 2% or CPI (capped at 6%)
- Their brands include Grease Monkey, SpeeDee, American Lube Fast, Economy Oil Change, Kwik Kar and more!
- Well positioned in dense/dominant retail corridor on a signalized, hard corner of N Belt Line Rd & W Rochelle Rd with excellent drive-by visibility
- Grease Monkey International, LLC (dba. FullSpeed Automotive) founded in 1978 is one of the nation’s largest franchisors/operators of auto services
- Property may qualify for 60% Year 1 Bonus Depreciation (**Purchaser to confirm with CPA - See Acceleration Depreciation Model)
- AFFLUENT DEMOGRAPHICS: 2023 Population 250,034 & 2023 Average Household Income $103,889
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,048 SF
Building Class
B
Year Built/Renovated
2001/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.48 AC
Zoning
C
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 32252180010010000 | Improvements Assessment | $1,427,960 |
| Land Assessment | $423,400 | Total Assessment | $1,851,360 |
PROPERTY TAXES
Parcel Number
32252180010010000
Land Assessment
$423,400
Improvements Assessment
$1,427,960
Total Assessment
$1,851,360
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