545 Belt Line RdIrving, TX 75060

For Sale
$4,565,000

Texas Car Wash - 20-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 3,966 square foot car wash situated on a 1.24-acre lot in Irving, Texas, at 545 S Belt Line Rd, 75060. The property boasts a strong 6.90% cap rate, generating a net operating income (NOI) of $315,000. A new, 20-year absolute NNN lease is in place at closing, ensuring minimal landlord responsibilities and a predictable income stream. The lease includes 1.5% annual rent bumps, providing built-in growth. The high-traffic location sees over 31,000 cars daily, benefiting from excellent demographics and proximity to national tenants and new developments. The property is offered fee simple, encompassing both land and building, with 100% occupancy. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential. The sale is structured as a sale for leaseback.

Highlights

  • 20-Year Absolute NNN Lease, commencing at close of escrow.
  • Triple Net (NNN) Lease; tenant pays all expenses.
  • High-traffic location with over 31,000 vehicles per day.
  • 1.24-acre corner lot.
  • Strong tenant mix and new development nearby.
  • Excellent demographics with high population and daytime employment.

Property Details for 545 Belt Line Rd

Property type
Other specialty properties, Automotive properties
Square Feet
3,966 SF
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.809944266534
Longitude
-96.994086444279
545 Belt Line Rd, Irving, Texas

FAQs

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].
545 Belt Line Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message