For Sale
$850,000

9415 R L Thornton FwyDallas, TX 75232

High-yield triple-net lease, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a thriving mixed-use property ideally situated on .43 acres of I-35 frontage road in Dallas, Texas. The 18,570 square foot property comprises three distinct, fully leased commercial spaces: a restaurant, a tire shop, and an auto service center, generating a combined monthly income of $5,500. The net rentable area totals 4,950 square feet, with a current price per square foot of $45.77 and a 7.70% cap rate. Leases are in place with a diverse tenant mix, ensuring consistent cash flow. The restaurant and tire shop leases expire in March 2025, while the auto service center lease concludes in March 2026, providing a remaining lease term of approximately 1.4 years. The property boasts high visibility from I-35 and Danieldale Road, offering excellent access and ample parking. Specific building features include four 10x10 foot service doors at the front and a 16x20 foot garage door at the rear. Note that a car lift located on the property is not included in the sale, nor is the existing billboard. All equipment and tools within the leased spaces are also excluded from the sale. The seller is open to all offers and will consider seller financing. This is a turnkey investment opportunity with significant potential for future appreciation in a prime Dallas location. All information is deemed reliable but not guaranteed

Highlights

  • $5,500/month total income from three fully leased commercial spaces (restaurant, tire shop, auto service center).
  • Seller financing considered; all offers welcome.
  • High-visibility location on I-35 frontage road at Danieldale Rd. in Dallas, TX.
  • Billboard excluded from sale.

Property Details for 9415 R L Thornton Fwy

Property type
Retail properties, Restaurants
Square Feet
18,570 SF
Units
3

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.634001465801
Longitude
-96.823598243266
9415 R L Thornton Fwy, Dallas, Texas

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9415 R L Thornton Fwy
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