$2,307,692
Commercial Property for Sale in Sierra Vista Arizona 85635
Sierra Vista, Arizona
Soft OfferCommercial Property for Sale in Benbrook Texas 76126
8724 Benbrook Blvd, Benbrook, Texas 76126
$2,208,000
$1,067 / sq ft 6.25% cap rate Listed Sep 3, 2024
2,070 sqft
Building
2,070 sqft
Lot
2017
Built
1
Stories
1
Units
Class A
Class
About this property
Commercial Property for Sale in Benbrook Texas 76126 is a retail for sale in Benbrook, Texas, listed at $2,208,000. Key details: year built 2017, building size 2,070 sqft, lot size 2,070 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated September 3, 2024.
This property features a brand new 15-year Absolute NNN lease with 10% rental increases every 5 years, offering a hands-off investment opportunity. Located in Goodyear, AZ, it boasts prime street frontage on McDowell Road near I-10, with nearly 215,000 vehicles passing daily.
Situated in a bustling retail hub with over 1 million square feet of retail space, including anchors like Hobby Lobby and TJ Maxx, the property is in a high-growth area. Goodyear is one of the fastest-growing cities in the U.S., with over 163,578 residents within 5 miles and an average household income of $100,000+.
Set for completion in early 2024, the freestanding drive-thru will house Roll Em Up Taquitos, a rapidly expanding Mexican QSR brand. Its strategic location at a signalized corner near the new Civic Square development in Goodyear further enhances its appeal.
Key highlights
- Net Lease Investment
- Brand/Tenant Kwik Kar
- Lease Term 15 years
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2017
- Building Size
- 2,070 sqft
- Lot Size
- 2,070 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class A
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $138,000
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
6.25%
Cap rate
$138,000
Net operating income
$1,067
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,208,000 | 6.25% | - | - | - |
Features and amenities
Prominent Tenants
- Brand/Tenant Kwik Kar
- Lease Term 15 years
Highlights
- The subject property features strong real estate fundamentals being an outparcel to a high performing Walmart Supercenter, creating a consistent flow of business for this Kwik Kar location. This site sits prominently on Benbrook Boulevard, a primary arter
- his Kwik Kar location is one of the better performing 3-bay oil & lube facilities in the entire state of Texas year-over-year. Please inquire with the broker for further details on unit levels and overall site performance.
- Fee simple investment allows the prospective investor to take advantage of either a 15-year accelerated depreciation or 60% bonus depreciation in 2024 (Consult with your CPA).
Location
Address as shown by the lister.
Get directionsAbout this area - Fort Worth
- Population
- 15,454
- Housing units
- 6,189
- Land area
- 70.4 sq mi
- County
- Tarrant
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadLinks
1 linkFrequently asked questions
What is the asking price of Commercial Property for Sale in Benbrook Texas 76126?
Commercial Property for Sale in Benbrook Texas 76126 is listed at $2,208,000. That works out to about $1,067 per square foot. The stated cap rate is 6.25%.
Where is Commercial Property for Sale in Benbrook Texas 76126 located?
The property is in 8724 Benbrook Blvd, Benbrook, Texas 76126, Tarrant County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 2,070 sqft. The lot is 2,070 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.
When was this listing published?
It was published on September 3, 2024 and last updated on September 3, 2024.
Listing information
- Listing ID
- CL-Texas-11682
- Published
- Sep 3, 2024
- Last updated
- Sep 3, 2024
- Views
- 272
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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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