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27413449
27413450

1401 Oak Knoll Dr, Haltom City, TX 76117

AF
TX TX 0669899
Lakeshore Real Estate
Listed by Lakeshore Real Estate
$249,000
238 days on market
Updated 166 days ago

1401 Oak Knoll Dr

Details
Property Type Office, Retail
Sub Type Auto Shop, Storefront (+1)
Square Footage 4,356
Net Rentable (SqFt) 2,520
Cap Rate 8.33%
NOI $20,750
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 2
Lease Expiration 06/30/2027
Remaining Term 1.1
Pro-Forma Cap Rate 11.33%
Pro-Forma NOI $28,200
Price per SqFt $57
Class C
Year Built 1940
Buildings 1
Stories 1
Acreage 0.1 - 0.5
Zoning C3
Investment Type Net Lease
Lease Commencement 07/01/2025
Occupancy Date 06/01/2025
Ownership Single Owner
Sale Condition For sale by owner

Investment - Building For Sale - Small office or service shop space

Marketing description

Prime C-3 zoned commercial property in Haltom City, currently leased to a paintless dent repair shop paying $1,995 amonth plus property taxes, providing immediate income. This well-maintained building features a new roof, new HVAC units, and recently remodeled bathrooms and kitchen. The layout includes a large office, reception area, multiple workspaces, and a garage with two roll-up doors, ideal for automotive, repair, storage, or service use. Corner location offers excellent visibility and access from major roadways. The adjacent property at 1403 Oak Knoll Dr is also available, creating an opportunity for expansion, combined operations, or redevelopment. With C-3 zoning that allows for a wide range of commercial uses, this property offers both strong current income and long-term upside. A solid investment to hold, occupy, or reposition in a growing corridor. Owner Financing is available for a qualified buyer.

Investment highlights

Cash Flowing Asset Day 1

Opportunity to grow income by adding NN+ and NNN to the leases. Currently, only property taxes are included in the lease.

Prime location easy to get anywhere in DFW.

Listing Contacts

AF
TX TX 0669899
Lakeshore Real Estate
Listed by Lakeshore Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$20,750.00
$1,729.17/mo

Valuation Metrics

0
DSCR
8.33%
Cap Rate
8.33%
ROI

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Additional Information

Name
Angel Flores
License
TX 0669899
Brokerage
Lakeshore Real Estate
Brokerage Phone
817-946-1458
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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