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Take 5 Oil Change 4321 Ross Ave

1,500 SF Retail Building Dallas, TX 75204 $1,748,000 ($1,165/SF) 5.15% Cap Rate

Investment Highlights

  • 15-year absolute NNN corporate ground lease with 10% rental increases every 5 years
  • Hard corner location just 0.5 miles outside of Downtown Dallas
  • Dallas-Fort Worth is home to the 4th largest concentration of Fortune 500 companies in the country
  • Lease guaranteed by Driven Systems, LLC, a subsidiary of Driven Brands, Inc.
  • Zero maintenance/expense obligations for the landlord making this a truly “hands-off” investment
  • Located directly across from Ross + Peak – a 250-unit luxury apartment complex

Executive Summary

A 15-year absolute NNN corporate ground lease Take 5 with 10% rental increases every 5 years in the Dallas-Fort Worth MSA, which is home to the 4th largest concentration of Fortune 500 companies in the United States. Hard corner location just 2.5 miles outside of Downtown Dallas.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,500 SF
Year Built
2024
Construction Status
Under Construction
Price
$1,748,000
Price Per SF
$1,165
Cap Rate
5.15%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
0.26 AC
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Cross Fit
Starbucks
Chase Bank
Bank of America
Kroger
LA Fitness
Capital One
El Rancho
Bank Of Texas
Walmart Neighborhood Market
  • Listing ID: 32694731

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 4321 Ross Ave, Dallas, TX 75204

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