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29809435
32452162

5611 S Cooper St, Arlington, TX 76017 For Sale

RR
FL FL 3041785
CBRE - Orlando
AD
CA CA 13507901
Accredas Investments
MD
FL 684111
CBRE - Orlando
Listed by CBRE - Orlando, Accredas Investments
$5,477,800
122 days on market
Updated 9 days ago

Driver's Edge Tires & Auto Service

Details
Property Type Retail
Sub Type Gas Station, Auto Shop
Square Footage 6,646
Units 1
Cap Rate 6.25%
NOI $342,362
Occupancy 100%
Tenancy Single
Brand/Tenant Firestone, Pep Boys (+3)
Lease Type Absolute NNN
Lease Term 11
Rent Bumps Yes
Lease Options (4) 5-year options
Price per SqFt $881
Class A
Year Built 2015
Buildings 1
Stories 1
Acreage 0.740
Parking Spaces 21 spaces
Parking per 1,000 SqFt 3.16
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
Ownership Fee Simple

Corporate Driver's Edge Tires | 550+ Locations | Arlington, TX - Aldi Grocery Adjacent

Marketing description

CBRE is pleased to present this corporate guaranteed Driver’s Edge Tire & Auto Service property located in Arlington, TX. Part of the Sun Auto Network with 550+ locations nationwide, this is a highly successful Driver’s Edge Tires location with an operating history of over 10 years. Goodyear, Bridgestone, Michelin, Continental Tires Retailer.

There are 11 years remaining on the initial 20 year lease. High traffic intersection of affluent Arlington, TX, near Texas Rangers Stadium. This is an absolute NNN lease with NO LANDLORD MANAGEMENT OBLIGATIONS and fixed annual rent increases throughout the entire lease, including options. Aldi Grocery adjacent.

The property is extremely well located in an affluent and densely populated part of Arlington and sits directly on one of the city’s busiest commercial arterials providing excellent access and exposure to constant commuter, retail, and local traffic. Just minutes from The Parks Mall and Arlington Highlands—two of the region’s most prominent retail hubs—this location offers investors a stable, long-term opportunity in a high-demand market.

Investment highlights

  • Long term lease with major automotive company Driver’s Edge Tires - Part of the Sun Auto Tire & Service platform - Corporate Absolute NNN lease guarantee backed by Greenbriar Equity Group with $15 Billion in cumulative capital. Annual 1.75% rental escalations.

  • Out-parcel to Aldi Grocery store

  • Sun Auto Tire & Service operates over 550 locations across the US and has been around since 1978
  • Longstanding operating history of 10 years at this location

  • Absolute NNN lease – No landlord management obligations

  • Fixed annual rent increases throughout entire lease term including options

  • Affluent and densely populated Texas market with average household incomes exceeding $110,000 within 1 to 5 miles

  • Huge daytime population count of over 100,000 people within 3 miles

  • Texas has NO STATE INCOME TAX

Listing Contacts

RR
FL FL 3041785
CBRE - Orlando
AD
CA CA 13507901
Accredas Investments
MD
FL 684111
CBRE - Orlando
Listed by CBRE - Orlando, Accredas Investments

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$342,362.00
$28,530.17/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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