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Auto Dealership 2002 W Main St 960 SF Retail Building Grand Prairie, TX 75050 $2,212,153 CAD ($2,304.33 CAD/SF)
Investment Highlights
- Passive income investment with future owner-user flexibility
- 150 feet of frontage on W Main Street with strong visibility and signage exposure
- Prime access to SH-161, N Great Southwest Parkway, I-30, and I-20
- Gross lease in place through 2027, with tenant responsible for taxes and insurance
- 0.70-acre site featuring a renovated 960 SF office (2025) and full iron perimeter fencing
- High-traffic automotive corridor surrounded by active retail and automotive users
Executive Summary
Stabilized, income-producing automotive investment consisting of an operating used auto 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 at 2002 W Main St is a leased, cash-flowing used auto dealership that forms the basis of the income and cap rate analysis. The lease is in place through 2027 with a renewal option, providing stable in-place income with limited landlord responsibilities.
The adjoining 2010 W Main St parcel provides essential overflow parking for vehicle inventory and customer parking, supporting the continued operation of the dealership. It does not generate separate rental income; its value is tied to its support of dealership operations and future land-use potential, subject to City approval.
Together, the properties provide immediate income stability while offering additional land value and long-term flexibility. The offering provides investors with current cash flow from an established automotive tenant, combined with the future potential of the adjoining land.
The primary asset at 2002 W Main St is a leased, cash-flowing used auto dealership that forms the basis of the income and cap rate analysis. The lease is in place through 2027 with a renewal option, providing stable in-place income with limited landlord responsibilities.
The adjoining 2010 W Main St parcel provides essential overflow parking for vehicle inventory and customer parking, supporting the continued operation of the dealership. It does not generate separate rental income; its value is tied to its support of dealership operations and future land-use potential, subject to City approval.
Together, the properties provide immediate income stability while offering additional land value and long-term flexibility. The offering provides investors with current cash flow from an established automotive tenant, combined with the future potential of the adjoining land.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
960 SF
Building Class
C
Year Built/Renovated
1985/2025
Price
$2,212,153 CAD
Price Per SF
$2,304.33 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
301’ on West Main Street
Amenities
- 24 Hour Access
- Controlled Access
- Corner Lot
- Fenced Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $63,020 CAD | |
| Land Assessment | $193,014 CAD | Total Assessment | $256,035 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$193,014 CAD
Improvements Assessment
$63,020 CAD
Total Assessment
$256,035 CAD
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Auto Dealership | 2002 W Main St
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