Listed by SURMOUNT
$1,632,000
Maaco
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 5,015
Cap Rate 6.25%
NOI $102,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 4,5-Year Options
Year Built 1978
Acreage 0.630
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Maaco located at 3215 West Euless Boulevard, Euless, TX 76040. The site consists of roughly 5,015 rentable square feet of building space on an estimated .63-acre parcel of land. Maaco is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $102,000 and has scheduled increases of 2.00% Annually.
Investment highlights
- Absolute Triple Net Lease with No Landlord Responsibilities | The sale leaseback includes 2% annual rent increases during the 15-year base term. This predictable escalation structure supports long-term income growth and provides a hedge against inflation.
- Largest Maaco Franchisee in the Country | Collision Repair, LLC is a 13-unit Maaco operator based in Texas and Oklahoma that has won numerous awards within the Maaco system as a top operator. Maaco is North America's #1 auto body brand with hundreds of franchise locations, providing a nationally recognized tenant backed by a proven operating System.
- Strong Population Growth | Nearly 96,000 residents within 3 miles, projected to grow 5.5% by 2030. Over 295,000 people within a 5-mile radius provide a deep and expanding customer base.
- Robust Traffic Counts | W Euless Blvd sees over 23,000 vehicles per day, delivering exceptional drive-by visibility and a constant stream of potential customers directly in front of the property.
- Strategic DFW Mid-Cities Location | Positioned in Euless at the heart of the Dallas–Fort Worth metroplex, with direct access to TX-121, TX-183, and I-35W — and DFW International Airport just 11 miles away.
- High Vehicle-Density Demand | The trade area averages 2 vehicles per household, directly supporting consistent demand for auto body and painting services — a recession-resistant, needs-driven category.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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