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401 N Garland Ave Garland, TX 75040

For Sale
$1,368,000

NNN leased Take 5 Oil Change in Garland, Texas.

Property size:
2,832 SF
Lot size:
0.47 Acres

Property Features for 401 N Garland Ave

General Information

Size
2,832 SF
Lot size
0.47 Acres

Source: Matthews Real Estate Investment Services - Orange County Agent Connor Olandt

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


Overview

Take 5 Oil Change Investment

This property, located on N Garland Ave in Garland, Texas, benefits from its position in a dense retail corridor with high visibility and easy access, with approximately 23,700 vehicles passing by daily. The property was renovated in 2017, providing newer upgrades. Situated within the Dallas-Fort Worth MSA, the location benefits from a population exceeding approximately 360,223 residents. The property is leased to Take 5 Oil Change, operated by Driven Brands, which is the largest automotive services company in North America. Driven Brands' portfolio includes over 1,000 Take 5 locations nationwide, as well as brands such as CARSTAR, Meineke, and Maaco. The property is subject to an absolute triple-net lease, requiring the tenant to cover all maintenance, taxes, and insurance obligations. This structure provides investors with a passive income stream and predictable cash flow throughout the primary term and option periods. The property is located on 0.41 acres and contains a 2,832 square feet building. Garland’s designation as a State Cultural District supports long-term community investment and desirability.
Insight Report Location Intelligence

Current Use by Public Records

King Wheel & Tire ... Tire Shop Take 5 Oil ... Oil Change Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Similar Places Nearby

Curry Auto Leasing Inc, Mr Kar Auto Center, Mr Car Auto State Inspection, First Choice Auto Mechanic and Body shop., RTX TIRES

Location Insight

  • Map
  • Local Demand
City
Garland
County
Dallas
State
Texas
Longitude
-96.6484639
Latitude
32.91481

FAQs

What type of property is this?
Auto shop - NNN leased Take 5 Oil Change in Garland, Texas.
Where is this auto shop located?
The property is located at 401 N Garland Ave Garland, TX.
What is the asking price?
The asking price for this property is $1,368,000.
What are key features of this property?
This property features: - Absolute NNN Lease: Enjoy zero landlord responsibilities.; - Strong Corporate Tenant: Leased to Take 5 Oil Change, operated by Driven Brands.; - Dense Retail Corridor: Located on N Garland Ave with high traffic volume.
More about this property
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