Auto Service
New
For Sale
$5,471,412
202 Ryan Dr, Red Oak, TX 75154
The Red Oak site is approximately 18 miles south of Dallas, with regional connections via Interstate 35E.
Property Size17,197 SF
Price / SF$318.16
Days on Market2
Property Features for 202 Ryan Dr
General Information
Standard status
Active
Size
17,197 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
Absolute Net
Tenancy & Operations
Tenant in Place
Yes
In-Place Lease Type
Absolute NNN
Current Tenants
Caliber Collision
Real Estate Included
Yes
Additional Details
Cap Rate
6%
Amenities
Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Low Rent and Below Replacement Cost Opportunity.
Industry-Leading Tenant - Caliber Collision is the Nation's Largest Collision Repair Provider, with over 1,800 Convenient Locations Across 44 States and a Continually Expanding National Footprint.
Dominant Leadership - Hellman & Friedman, a Private Equity Firm with over $115 Billion in Assets Under Management, is the Majority Owner of Caliber Collision Following its 2019 Merger with ABRA Auto.
I-35E Connectivity: Nearby Interstate 35E Provides Regional Access Toward Dallas and Waxahachie, Positioning the Property to Serve Local Residents, Commuters, and Customers Traveling through the Southern Dallas–Fort Worth Metroplex.
Walmart Shopping Corridor: Walmart Supercenter at 100 South Ryan Drive Places the Property Along an Established Retail Corridor, Offering Convenient Proximity to Grocery Shopping, Pharmacy Services, and Everyday Essentials.
Strong Demographics and Growth: Red Oak's Population Reached 20,394 in 2025, Increasing 42.9% Since 2020, while its $109k+ Avg. Household Income Supports Local Retail Spending and Demand for Automotive Services.
Diversified Employment Base: Qarbon Aerospace and Bombardier Accounted for 914 Red Oak Employees in December 2025, Complemented by Google's Red Oak and Midlothian Data Centers, Strengthening Regional Employment and Investment.
Major DataBank Development: DataBank Secured $2.65 Billion in Construction Financing for its Red Oak Campus in 2026, supporting Construction of Four Data Center Buildings and Demonstrating Substantial Local Development Investment. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Building Details
Building Size
17,197 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Alvin Mansour · License #License(s): CA: 01391653, TX: 0606255
(858) 373-3184
Source:
Marcusmillichap
Added: Nov 4
Last Checked: Nov 4 at 2:17PM
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 Marcus & Millichap | San Diego
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This auto service property is located at 202 Ryan Dr in Red Oak, Texas, and is identified with Caliber Collision. The offering is described as an absolute net lease. No building area is stated with a unit of measurement.
Red Oak is approximately 18 miles south of Dallas, with access to the Dallas–Fort Worth metroplex via Interstate 35E. Interstate 20 and Interstate 45 also connect the city to regional employment and commercial centers.
Red Oak is approximately 18 miles south of Dallas, with access to the Dallas–Fort Worth metroplex via Interstate 35E. Interstate 20 and Interstate 45 also connect the city to regional employment and commercial centers.
Key Highlights
- Auto service property identified with Caliber Collision
- Absolute net lease
- 202 Ryan Dr, Red Oak, TX 75154
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$285,443
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,708,860
$5.7M
Cap Rate 7%
$4,077,757
$4.1M
Cap Rate 9%
$3,171,589
$3.2M
Market Conditions
NOI Build-Up for 17,197 SF
Gross rent
$429.2K $24.96/SF
− Vacancy
−$21.5K −$1.25/SF
EGI
$407.8K $23.71/SF
− OpEx
−$122.3K −$7.11/SF
NOI
$285.4K $16.60/SF
Area
Ellis County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,708,860
Cap Rate 7%
$4,077,757
Cap Rate 9%
$3,171,589
Alternative Uses
Best Use
Retail
$4.08M
$3.57M – $4.76M
NOI $285,443 @ 7.0% cap · market cap 5.22%
Second Best
Industrial
$1.27M
$1.11M – $1.49M
NOI $89,146 @ 7.0% cap · market cap 1.63%
Theoretical Best
Multifamily LT 5
$187.65M
$164.19M – $218.92M
NOI $13,135,333 @ 7.0% cap · market cap 240.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
445k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 22%
Superstores 19%
Groceries 6%
Walmart
Superstores
85,897 visits/mo
0.3 miles
Chick-fil-A
Dining
40,293 visits/mo
0.2 miles
McDonald's
Dining
32,116 visits/mo
0.1 miles
Brookshire's
Groceries
25,526 visits/mo
0.0 miles
Whataburger
Dining
21,711 visits/mo
0.2 miles
Demographics for 75154, TX
45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- A 5 Mile Tow
- Rigo’s Tire & Oil — 313 S Interstate 35 East Service Rd, Red Oak, TX 75154
- Rainbow Paint & Body Inc — 324 Moreview St, Red Oak, TX 75154
- A & J Auto Repair — 319 S Interstate 35 E, Red Oak, TX 75154
- Always Towing LLC — 311 Moreview St, Red Oak, TX 75154
Frequently Asked Questions
What type of property is this?
Auto shop - The Red Oak site is approximately 18 miles south of Dallas, with regional connections via Interstate 35E.
Where is this auto shop located?
The property is located at 202 Ryan Dr Red Oak, TX.
What is the asking price?
The asking price for this property is $5,471,412.
What are key features of this property?
This property features: Auto service property identified with Caliber Collision; Absolute net lease; 202 Ryan Dr, Red Oak, TX 75154
