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Overseas Service Haus | US HWY 75 346,000 VPD 6520 N Central Expy 5,591 SF Retail Building Dallas, TX 75206 $5,030,945 CAD ($899.83 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Southern Methodist University | Northpark Mall | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• GB Auto Service, Inc. Corporate guaranteed lease
• 2 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period
• 2 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,591 SF
Building Class
B
Year Built
2003
Price
$5,030,945 CAD
Price Per SF
$899.83 CAD
Cap Rate
5.75%
NOI
$289,283 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.40 AC
Zoning
MU-3
Parking
22 Spaces (3.93 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Freeway Visibility
- Signage
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005188000B0010000 | Improvements Assessment | $740,351 CAD |
| Land Assessment | $1,941,283 CAD | Total Assessment | $2,681,634 CAD |
Property Taxes
Parcel Number
005188000B0010000
Land Assessment
$1,941,283 CAD
Improvements Assessment
$740,351 CAD
Total Assessment
$2,681,634 CAD
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Overseas Service Haus | US HWY 75 346,000 VPD | 6520 N Central Expy
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