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    5702 Lavon Dr Garland, TX 75040

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    For Sale
    $6,251,000

    Retail property with NNN lease, options, and high visibility.

    Property size:
    13,813 SF
    Lot size:
    2.01 Acres

    Property Features for 5702 Lavon Dr

    General Information

    Size
    13,813 SF
    Lot size
    2.01 Acres

    Source: SVN | Net Lease Texas Agent Glen Berhow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Garland Retail NNN Opportunity

    This retail property, constructed in 2004, features 13,813 square feet of space on a 1.8-acre lot. It benefits from a signalized intersection and hard corner location. The property has a NNN lease with over 15 years remaining on the prime term, along with eight 5-year options that include 2% rent increases. Located in Garland, TX, the site experiences traffic counts exceeding 51,000 vehicles per day. The surrounding area within a 3-mile radius has a population of over 80,000 and an average household income exceeding $114,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor MinuteClinic at CVS Walk-In Clinic CVS Pharmacy Pharmacy CVS Drug Store Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6070346
    Latitude
    32.9679865

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    FAQs

    What type of property is this?
    NNN property - Retail property with NNN lease, options, and high visibility.
    Where is this nnn property located?
    The property is located at 5702 Lavon Dr Garland, TX.
    What is the asking price?
    The asking price for this property is $6,251,000.
    What are key features of this property?
    This property features: - Long-term NNN Lease with 15+ years remaining; - Located on a hard corner at a signalized intersection; - High traffic volume: 51,000+ vehicles per day (VPD)
    (469) 828-1950
    Request Owner's contact information
    5702 Lavon Dr Garland, TX 75040
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    Garland, TX 75040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5702 Lavon Dr Garland, TX 75040
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