1651 S Stemmons Fwy
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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
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
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
PROPERTY TAXES
Parcel Number | R18842 | Improvements Assessment | $2,681,037 |
Land Assessment | $1,305,929 | Total Assessment | $3,986,966 |
PROPERTY TAXES
Parcel Number
R18842
Land Assessment
$1,305,929
Improvements Assessment
$2,681,037
Total Assessment
$3,986,966
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1651 S Stemmons Fwy
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