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Driver's Edge Tires 5611 S Cooper St 6,646 SF Retail Building Arlington, TX 76017 $6,281,870 ($945.21/SF) 5.45% Cap Rate
Investment Highlights
- Long term lease with major automotive company Driver’s Edge - Part of the Sun Auto Tire & Service platform
- Absolute NNN lease – No landlord management obligations
- Huge daytime population count of over 100,000 people within 3 miles
- Sun Auto Tire & Service operates over 550 locations across the US and has been around since 1978
- Fixed annual rent increases throughout entire lease term including options
- Texas has NO STATE INCOME TAX
Executive Summary
CBRE is pleased to present this freestanding Driver’s Edge Tire & Auto Service property located in Arlington, TX. Part of the Sun Auto Network with 550+ locations nationwide, this is a highly successful Driver’s Edge location with an operating history of over 10 years. There are 11 years remaining on the initial 20 year lease. This is an absolute NNN lease with NO LANDLORD MANAGEMENT OBLIGATIONS and fixed annual rent increases throughout the entire lease, including options.
The property is extremely well located in an affluent and densely populated part of Arlington and sits directly on one of the city’s busiest commercial arterials providing excellent access and exposure to constant commuter, retail, and local traffic. Just minutes from The Parks Mall and Arlington Highlands—two of the region’s most prominent retail hubs—this location offers investors a stable, long-term opportunity in a high-demand market.
The property is extremely well located in an affluent and densely populated part of Arlington and sits directly on one of the city’s busiest commercial arterials providing excellent access and exposure to constant commuter, retail, and local traffic. Just minutes from The Parks Mall and Arlington Highlands—two of the region’s most prominent retail hubs—this location offers investors a stable, long-term opportunity in a high-demand market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,646 SF
Year Built
2015
Price
$6,281,870
Price Per SF
$945.21
Cap Rate
5.45%
NOI
$342,362
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.74 AC
Zoning
N/A - Commercial
Parking
21 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
146’ on Cooper St
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 41491238 | Improvements Assessment | $3,079,067 |
| Land Assessment | $387,600 | Total Assessment | $3,466,667 |
Property Taxes
Parcel Number
41491238
Land Assessment
$387,600
Improvements Assessment
$3,079,067
Total Assessment
$3,466,667
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Driver's Edge Tires | 5611 S Cooper St
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