Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
This exceptional investment opportunity presents a 5,120-square-foot auto shop in Terrell, Texas, currently leased to a national tenant. Located at 909 W Moore Ave, this property boasts a strong location within a thriving retail corridor on W Moore Ave, benefiting from high visibility and approximately 28,000 vehicles per day. The tenant, a well-established national brand, has occupied the space since September 27, 1996, demonstrating a long-term commitment to the location, having exercised four lease renewal options. The current lease, a Net Net (NN) lease, expires February 28, 2030, offering a remaining term of 5.3 years with a one or five-year option. The property sits on a 0.41-acre lot and was built in 1973. The property generates a Net Operating Income (NOI) of $75,600, resulting in an attractive 6.30% capitalization rate. The asking price is $1,200,000. This investment benefits from a low rent per square foot ($15.23) for this market, a strong tenant with a high credit rating, and a location less than 30 miles from Downtown Dallas, TX, and conveniently situated off the I-20 corridor. The property is situated in a growing submarket with nearly 19,000 people residing within a 3-mile radius. Texas's income-tax-free status further enhances the investment's appeal. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location.
Highlights
$1,200,000 asking price for a 5,120 SF net-leased auto shop in Terrell, TX.
6.30% cap rate with a $75,600 NOI.
100% occupancy with a single tenant, currently AutoZone, Advanced Auto Parts, O'Reilly Auto Parts, Firestone, Goodyear Auto Service, or Mavis Discount Tires (exact tenant not specified).
5.3 years remaining on the lease with one 5-year renewal option.
Located on 0.41 acres at 909 W Moore Ave, Terrell, TX 75160, near I-20 and less than 30 miles from Downtown Dallas.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.