Auto Service
2581 Horizon Road, Rockwall, TX 75032
For Sale
New
Contact for pricing
An absolute NNN lease runs through May 31, 2042, with annual increases tied to CPI or a 2% minimum.
Property Size2,816 SF
Lot Size1.11 Acres
Price / SF$1,597
Days on Market5
Property Features for 2581 Horizon Road
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Traffic Count
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License GA #349355
(404) 504-7893
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:28PM
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 CBRE - Atlanta
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.
The auto service property occupies a 1.11-acre parcel and contains 2,816 square feet. It is leased on an absolute NNN basis to Grease Monkey International, LLC, with the lease extending through May 31, 2042. Annual rent adjustments are set at the greater of 2% or CPI, subject to a 6% cap. The stated remaining lease term is approximately 15.6 years.
Located at 2581 Horizon Road in Rockwall, the property has reported traffic of approximately 23,730 vehicles per day. Average household income within five miles exceeds $150,000. The reported cap rate is 6.25%.
Located at 2581 Horizon Road in Rockwall, the property has reported traffic of approximately 23,730 vehicles per day. Average household income within five miles exceeds $150,000. The reported cap rate is 6.25%.
Key Highlights
- 2,816‑square‑foot auto service property on 1.11 acres
- Absolute NNN lease to Grease Monkey International, LLC through May 31, 2042
- Approximately 15.6 years of lease term remaining
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
23,730 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,840
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
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
- Vida's Transport — 104 genesta pl, rockwall, tx 75032
- Horizon Auto Center — 5335 Horizon Rd, Rockwall, TX 75032
- TX Truck Accessories — 5335 Horizon Rd, Rockwall, TX 75032
- On The Spot Moblie Mechanic — 4425 horizon rd, rockwall, tx 75032
- VIPER RV REPAIR — 3150 Horizon Rd, Rockwall, TX 75032
Frequently Asked Questions
What type of property is this?
Auto shop - An absolute NNN lease runs through May 31, 2042, with annual increases tied to CPI or a 2% minimum.
Where is this auto shop located?
The property is located at 2581 Horizon Road Rockwall, TX.
What is the asking price?
The asking price for this property is $4,499,900.
What are key features of this property?
This property features: 2,816‑square‑foot auto service property on 1.11 acres; Absolute NNN lease to Grease Monkey International, LLC through May 31, 2042; Approximately 15.6 years of lease term remaining
