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810 W Buckingham Rd
Garland, TX 75040
Kwik Kar - New 20 Year Abs NNN Corp Lease · Retail Property For Sale
Investment Highlights
- Annual rent increases at the Greater of 2% or CPI capped at 6%, a hedge against inflation.
- Absolute NNN lease (zero landlord responsibilities)
- Extremely strong sales and low rent/sale ratio
- Dallas Metro (income tax free state)
- Below replacement cost investment, hard to replace assets
- Potentially qualifies for Accelerated Depreciation (Bonus Depreciation) where you can depreciate 100% of the building in year 1
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,944 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.64 AC
Zoning
PD, Garland
Parking
10 Spaces (2.54 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 26657540010010000 | Improvements Assessment | $2,281,970 |
| Land Assessment | $278,960 | Total Assessment | $2,560,930 |
Property Taxes
Parcel Number
26657540010010000
Land Assessment
$278,960
Improvements Assessment
$2,281,970
Total Assessment
$2,560,930
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