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5205 N Garland Ave 20,925 SF Retail Building Garland, TX 75040 $6,203,250 CAD ($296.45 CAD/SF) 7.65% Cap Rate
EXECUTIVE SUMMARY
Prime investment opportunity, with long term credit Tenant. Office Depot just signed a 5 year renewal in March of 2024.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
20,925 SF
Building Class
B
Year Built
2005
Price
$6,203,250 CAD
Price Per SF
$296.45 CAD
Cap Rate
7.65%
NOI
$474,502 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.13
Lot Size
3.81 AC
Zoning
PD
Parking
150 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
133’ on Garland Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 263918000101R0000 | Improvements Assessment | $2,963,478 CAD |
| Land Assessment | $2,761,345 CAD | Total Assessment | $5,724,823 CAD |
PROPERTY TAXES
Parcel Number
263918000101R0000
Land Assessment
$2,761,345 CAD
Improvements Assessment
$2,963,478 CAD
Total Assessment
$5,724,823 CAD
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Presented by
Palomar Enterprises, Inc.
5205 N Garland Ave
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