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Investment Highlights

  • Stabilized, income-producing used auto dealership asset
  • Adjacent 2010 W Main St parcel supports dealership operations
  • Core asset generates primary rental income / supports cap rate
  • Combined assets ensure operational continuity of business

Executive Summary

Stabilized, income-producing automotive investment consisting of an operating used car dealership at 2002 W Main St with an adjacent overflow parking parcel at 2010 W Main St that supports ongoing tenant operations.
The primary asset (2002 W Main St) is a long-term leased, cash-flowing used auto dealership that forms the basis of the underwriting and cap rate analysis. It provides stable in-place income with limited landlord responsibilities.
The adjoining parcel (2010 W Main St) functions as essential operational support for vehicle inventory and customer overflow parking, ensuring continuity of the dealership’s business. While not underwritten as a standalone income-producing asset, it enhances tenant stability and includes long-term redevelopment potential subject to City approval.
Together, the properties separate cash flow from land value while offering both immediate income stability and future upside optionality.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
960 SF
Building Class
C
Year Built/Renovated
1985/2025
Cap Rate
8.06%
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Zoning
F10 - Sales Office
Parking
32 Spaces
Frontage
301’ on West Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

First Convenience Bank
Bank of America
Prosperity Bank
Albertsons
Herc Rentals
United Rentals

Property Taxes

Property Taxes

Parcel Number
28052500850010000
Land Assessment
$85,822 CAD
Improvements Assessment
$63,873 CAD
Total Assessment
$149,695 CAD
  • Listing ID: 41097123

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 2002 W Main St, Grand Prairie, TX 75050

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