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Auto Parts

Meineke | Dallas Location | New 20-Year Lease

507 W Mockingbird Ln, Dallas, TX 75247

Listing Price: $1,565,217

Cap Rate
5.75%
Tenant Name
Meineke
Years Remaining On Lease
19.8
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.91

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Meineke located at 507 West Mockingbird Lane in Dallas, Texas.

Investment Highlights

  • Brand New 20-Year Absolute Triple Net Lease Upon Close of Escrow
  • Lease is True Triple Net with 1.5% Annual Rental Increases
  • Traffic Counts of Over 55K Cars Per Day in Front of Location

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Parts

Meineke | Dallas Location | New 20-Year Lease

Listing Price: $1,565,217

Cap Rate
5.75%
Tenant Name
Meineke
Years Remaining On Lease
19.8
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.91

Investment Highlights

  • Brand New 20-Year Absolute Triple Net Lease Upon Close of Escrow
  • Lease is True Triple Net with 1.5% Annual Rental Increases
  • Traffic Counts of Over 55K Cars Per Day in Front of Location

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Meineke located at 507 West Mockingbird Lane in Dallas, Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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