Auto Service - Gas-Conv

Service King

3021 Eagle Dr, Grand Prairie, TX 75052

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Service King
Years Remaining On Lease
13.0
Guarantor
Franchisee Guarantee
Rentable SF
16,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.91

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single-tenant net-leased Service King in Grand Prairie, Texas.

Investment Highlights

  • 13 YEARS REMAINING ON LONG TERM LEASE, 10% RENT INCREASES
  • GUARANTEE FROM STERLING COLLISION CENTERS LLC, ACQUIRED BY SERVICE KING
  • STRATEGIC LOCATION IN RETAIL CORRIDOR, LOCATED AMONG WELL-TRAVELED HIGHWAY

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

Auto Service - Gas-Conv

Service King

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Service King
Years Remaining On Lease
13.0
Guarantor
Franchisee Guarantee
Rentable SF
16,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.91

Investment Highlights

  • 13 YEARS REMAINING ON LONG TERM LEASE, 10% RENT INCREASES
  • GUARANTEE FROM STERLING COLLISION CENTERS LLC, ACQUIRED BY SERVICE KING
  • STRATEGIC LOCATION IN RETAIL CORRIDOR, LOCATED AMONG WELL-TRAVELED HIGHWAY

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single-tenant net-leased Service King in Grand Prairie, Texas.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

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