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Auto Parts

Brakes Plus

151 Eden Rd, Arlington, TX 75287

Listing Price: $2,835,052

Cap Rate
4.85%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
6,145
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.38

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Brakes Plus located at 151 Eden Road in Dallas, Texas. The site consists of roughly 6,145 rentable square feet of building space on estimated 1.23-acre parcel of land. This Brakes Plus is subject to a 20-year Absolute Triple-Net (NNN) sale-leaseback, which will commence upon the close of escrow. The annual rent is $137,500 and is scheduled to increase by five percent (5%) every five (5) years. There are six (6), five (5)-year tenant renewal options.

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Parts

Brakes Plus

Listing Price: $2,835,052

Cap Rate
4.85%
Tenant Name
Express Oil Change & Tire Engineers
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
6,145
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.38

Investment Highlights

  • Long Term 20-Year Sale-Leaseback
  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Brakes Plus located at 151 Eden Road in Dallas, Texas. The site consists of roughly 6,145 rentable square feet of building space on estimated 1.23-acre parcel of land. This Brakes Plus is subject to a 20-year Absolute Triple-Net (NNN) sale-leaseback, which will commence upon the close of escrow. The annual rent is $137,500 and is scheduled to increase by five percent (5%) every five (5) years. There are six (6), five (5)-year tenant renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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