Corner Retail Building for
101 East Main Street Richardson, TX 75081
101 East Main Street, Richardson, TX, 75081
Contact for pricing
For Sale
Contact for pricing
Retail building with tenant-occupied automotive collision repair use and corner frontage for visibility and convenient access.
Property Size4,232 SF
Price / SF$425.33
Days on Market17
Property Features for 101 East Main Street
General Information
- Standard status
- Active
- Size
- 4,232 SF
- Property subtype
- Retail
Listing agency
Quine & Associates
(972) 669-8440
Listed by
Connie Allen · License #376571
Source
Crexi
Added: Jul 6 Updated: Jul 21 at 2:50PM Checked: Jul 21 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Quine & Associates
Investment Insights
Based on property information with market context.
This 4,232-square-foot retail building is configured for tenant-occupied automotive collision repair. The property is presented as a highly visible, easy-access corner site designed to support an automotive service use.
The building is located at the corner of East Main Street and South Texas Street in Downtown Richardson, Texas, with exposure to surrounding traffic based on the site’s stated traffic counts.
As a for-sale offering, the property is currently operating under the automotive collision repair use described in the remarks.
The building is located at the corner of East Main Street and South Texas Street in Downtown Richardson, Texas, with exposure to surrounding traffic based on the site’s stated traffic counts.
As a for-sale offering, the property is currently operating under the automotive collision repair use described in the remarks.
Key Highlights
- 4,232 SF retail building in Downtown Richardson, TX
- Corner location on East Main Street and South Texas Street for prominent frontage
- Tenant‑occupied automotive collision repair use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.2k | $18.00 |
| − Vacancy | −$3.8k | −$0.90 |
| EGI | $72.4k | $17.10 |
| − OpEx | −$21.7k | −$5.13 |
| NOI | $50.7k | $11.97 |
4,232 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$723.7K
$633.2K – $844.3K
NOI $50,657 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$367.7K
$321.7K – $429.0K
NOI $25,737 @ 7.0% cap · market cap 1.43%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,949 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Air Speed Auto ...
(Bike/Boat/Book/etc) Store
Collision Masters
Auto Repair Shop
Pro-Care services
Carpet Cleaning Service
Similar For Sale Nearby
Similar Off Market Nearby
- DA Cheap Towing Company — Dr #1213, 743 Brick Row, Richardson, TX 75081
- Central Collision Repair — Richardson, TX 75081
- DENT FIXED — 809 S Sherman St, Richardson, TX 75081
- Lance Quillin Window Tinting — 777 s central expy, richardson, tx 75080
- GlassCracks Windshield Repair — 744 Brick Row Apt 2406, Richardson, TX 75081
FAQs
What type of property is this?
Auto shop - Retail building with tenant-occupied automotive collision repair use and corner frontage for visibility and convenient access.
Where is this auto shop located?
The property is located at 101 East Main Street Richardson, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4,232 SF retail building in Downtown Richardson, TX; Corner location on East Main Street and South Texas Street for prominent frontage; Tenant‑occupied automotive collision repair use
