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Parra Car Care- Sun Auto Corporate Guaranty 7700 Davis Blvd 4,470 SF Retail Building North Richland Hills, TX 76182 $1,885,759 CAD ($421.87 CAD/SF) 6.15% Cap Rate
Investment Highlights
- Located In the Heart of Dallas Fort Worth MSA
- Outstanding Demographics
- Long Term NNN Lease With Annual Increases & Zero Landlord Responsibilities
- Many Options of Alternative Use – 1.40 Acres & ~4,500 SF
Executive Summary
NNN Pro is pleased to present the exclusive listing for the Parra Car Care located at 7700 A Davis Blvd, North Richland Hills, TX 76182. The site consists of roughly 4,470 rentable square feet of building space on an estimated 1.4-acre parcel of land. This is subject to a 20-year Triple Net (NNN) lease guaranteed by Sun Auto, which commenced 5/13/2022. The current annual rent is $84,480 and has scheduled increases of 1.75% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,470 SF
Year Built
1966
Price
$1,885,759 CAD
Price Per SF
$421.87 CAD
Cap Rate
6.15%
NOI
$115,974 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.40 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01892614 | Improvements Assessment | $448,987 CAD |
| Land Assessment | $166,941 CAD | Total Assessment | $615,928 CAD |
Property Taxes
Parcel Number
01892614
Land Assessment
$166,941 CAD
Improvements Assessment
$448,987 CAD
Total Assessment
$615,928 CAD
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Parra Car Care- Sun Auto Corporate Guaranty | 7700 Davis Blvd
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