Details
Asking Price: Call For Price ↓- Year built: 1980
- Square Footage: 6985 sq ft
- Lot Size (AC): 1.25
- Permitted Zoning: SP-2
- APN: 323135500A0010000
- Ownership: Fee Simple
- Lease Type: NNN
- Lease Term (Years): 20
- Cap Rate (%): 7
- Renewal Options: 2
- Rental Increases: 2%
- NOI: $ 174,625.00
Property Description
The “Subject Property” is a 27,443 square foot automobile dealership property located in Irving, Texas. The improvements consist of a 20,458 square foot, 2-story building, built in 2002, located at 2001 W. Airport Freeway and a 6,985 square foot 1-story building, built in 1980, located at 2035 W. Airport Freeway. The improvements are in average condition and are of good quality and appeal. The site consists of approximately 3.944 acres (171,805 square feet) and is located along the north side of W. Airport Freeway/State Highway 183, just east of N. Story Road.
Key Value Considerations
Strengths
• – The subject property has 527 feet of frontage on W.
Airport Freeway with over 156,000 VPD traffic count.
• – The subject improvements were built in 2002 and 1980
and are in good condition.
Properties can be sold seperately or as a package
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US Realty Partners, specializing in absolute triple net lease opportunities
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