1441 Belt Line RdIrving, TX 75061

For Sale
$1,650,000

Vacant Auto Repair Shop - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a vacant, 4,809 square foot free-standing auto repair facility situated at 1441 N Belt Line Rd in Irving, Texas. Located on a prominent main artery, this property boasts a highly visible location just blocks from Hwy 183/Belt Line Rd, offering excellent accessibility and exposure. The building features six bays and a fenced-in car lot, providing ample space for operations. A grandfathered large pole sign enhances visibility, and multiple ingress/egress points ensure convenient access. The property sits on a 0.459-acre lot and is offered at an asking price of $1,650,000, representing a price per square foot of $259.93. With a Net Operating Income (NOI) of $81,753, this property offers a compelling 6.54% capitalization rate. The lease type is NNN (Triple Net Lease), and the property is currently vacant, presenting a unique opportunity for an owner-operator or investor to customize the space to their specific needs. This is a rare chance to acquire a well-positioned, established auto repair facility in a thriving Texas market. The property's location, size, and features make it an ideal investment for those seeking a strong return on investment in the commercial real estate sector. The zip code is 75061, and the property is in Dallas County.

Highlights

  • Vacant 4,809 SF free-standing auto repair facility on 0.459-acre lot in Irving, TX.
  • High-visibility location on N Belt Line Rd, near Hwy 183, with excellent accessibility.
  • Six bays, fenced car lot, and grandfathered large pole sign.
  • Asking price: $1,650,000 ($259.93/SF), with a 6.54% cap rate and $81,753 NOI.
  • NNN lease; owner-operator or investor can customize.

Property Details for 1441 Belt Line Rd

Property type
Other retail properties, Automotive properties
Square Feet
4,809 SF
Lot Size (sq. ft)
19,994 SF

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.8301181
Longitude
-96.9943715
1441 Belt Line Rd, Irving, Texas

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1441 Belt Line Rd
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