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Overseas Service Haus | US HWY 75 346,000 VPD 6520 N Central Expy 5,591 SF Retail Building Dallas, TX 75206 $3,673,000 ($656.95/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Southern Methodist University | Northpark Mall | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• GB Auto Service, Inc. Corporate guaranteed lease
• 2 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period
• 2 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,591 SF
Building Class
B
Year Built
2003
Price
$3,673,000
Price Per SF
$656.95
Cap Rate
5.75%
NOI
$211,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.40 AC
Zoning
MU-3
Parking
22 Spaces (3.93 Spaces per 1,000 SF Leased)
Frontage
125’ on CENTRAL EXPY
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 005188000B0010000 | Improvements Assessment | $537,460 |
| Land Assessment | $1,409,280 | Total Assessment | $1,946,740 |
PROPERTY TAXES
Parcel Number
005188000B0010000
Land Assessment
$1,409,280
Improvements Assessment
$537,460
Total Assessment
$1,946,740
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