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Brakes Plus - Mavis Corporate Guaranty 6017 S Cooper St 4,600 SF Retail Building Arlington, TX 76001 $2,239,617 ($486.87/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location in the Dallas–Fort Worth MSA – Income Tax-Free State
- Long-Term NNN Lease with Scheduled Rental Increases
- Prime Street Visibility on Cooper Street
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Brakes Plus located at 6017 S Cooper Street, Arlington, TX 76001. The site consists of roughly 4,600 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Brakes Plus is subject to a 20-year Triple Net (NNN) lease, which commenced 11/1/2023. The current annual rent is $128,778 and has scheduled increases of 1.50% annually until 11/1/2028, then 7.5% every 5 years thereafter.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,600 SF
Building Class
B
Year Built
1996
Price
$2,239,617
Price Per SF
$486.87
Cap Rate
5.75%
NOI
$128,778
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.65 AC
Zoning
Ind
Frontage
182’ on S Cooper St
AMENITIES
- Dedicated Turn Lane
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06908888 | Improvements Assessment | $1,161,172 |
| Land Assessment | $197,890 | Total Assessment | $1,359,062 |
PROPERTY TAXES
Parcel Number
06908888
Land Assessment
$197,890
Improvements Assessment
$1,161,172
Total Assessment
$1,359,062
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Brakes Plus - Mavis Corporate Guaranty | 6017 S Cooper St
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