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2085 S Garland Ave

420 SF Retail Building Garland, TX 75041 £473,216 (£1,127/SF) 7.16% Net Initial Yield

Investment Highlights

  • High Traffic Counts
  • Large Pole Sign
  • Prime Corner Lot

Executive Summary

Prime Sale / Leaseback opportunity for a small car sales business available for purchase. Small sales office is large enough for a 2-man operation if so desired. Situated perfectly for visibility, access and surrounding areas has allied vendors to serve the car sales business. High traffic counts and large pole signage for maximum potential

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
420 SF
Building Class
C
Year Built
1962
Price
£473,216
Price Per SF
£1,127
Net Initial Yield
7.16%
NOI
£33,891
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.12 AC
Zoning
C2 - Heavy Commercial District
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
90 ft on S Garland Ave

Amenities

  • Corner Lot
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26029500000110000
Land Assessment
£19,964
Improvements Assessment
£7,900
Total Assessment
£27,864
  • Listing ID: 28039097

  • Date on Market: 22/03/2023

  • Last Updated:

  • Address: 2085 S Garland Ave, Garland, TX 75041

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