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1651 S Stemmons Fwy

20,069 SF Retail Building Lewisville, TX 75067 $7,490,000 ($373/SF)

Investment Highlights

  • Prime Location
  • 300 Parking Spaces
  • High Traffic Area

Executive Summary

Prime Investment opportunity. This is a stunning full service Automobile Dealership with a beautiful Showroom, Board Room, Two Conference Rooms, 20 Sales Offices, Parts Room, Customer Lounge Area, Employee Break Area, Covered Service Entry Area, Large Service Center with 12 Lifts, Hunter Alignment Machine. More than $400,000 of service equipment, phone system and furniture are included in the sale. This is a prime area off Highway 35 with 800 Ft of Highway frontage. More than 300 parking spaces. The property was recently fully renovated. The property is currently leased to one of the most successful automobile dealers in the DFW area. Please submit all your offers to John Aflatouni, transglobalre@gmail.com

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
20,069 SF
Building Class
B
Year Built/Renovated
1999/2023
Price
$7,490,000
Price Per SF
$373
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
3.00 AC
Opportunity Zone
Yes
Zoning
C - Commercial - Highway Retail
Parking
300 Spaces (14.95 Spaces per 1,000 SF Leased)
Frontage
800 FT on S Stemmons

Amenities

  • Freeway Visibility
  • Accent Lighting
  • Car Charging Station
  • Air Conditioning

Nearby Major Retailers

Comerica
Waffle House
America's Best Wings
Chili's Grill & Bar
Rent-A-Center
On The Border
Razzoo's Cajun Cafe Corporation
Scooter's Coffee
Planet Fitness
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R18842
Land Assessment
$1,305,929
Improvements Assessment
$2,681,037
Total Assessment
$3,986,966
  • Listing ID: 30362004

  • Date on Market: 12/13/2023

  • Last Updated:

  • Address: 1651 S Stemmons Fwy, Lewisville, TX 75067

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