Leased Auto Body Repair
For Sale
Contact for pricing
3215 West Euless Boulevard, Euless, TX 76040
Single-tenant auto repair property available in a 15-year triple-net lease structure with scheduled annual rent increases.
Property Size5,015 SF
Lot Size0.63 Acres
Price / SF$325.42
Days on Market59
Property Features for 3215 West Euless Boulevard
General Information
Standard status
Active
Size
5,015 SF
Lot size
0.63 Acres
Property subtype
Retail
Building Details
Year Built
1978
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Anthony DAmbrosia · License #NY 10401294012
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 5 at 4:29AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property is a single-tenant Maaco auto body repair building totaling approximately 5,015 rentable square feet on an estimated 0.63-acre site. The offering is an NNN structure, with the lease terms designed for landlord expense responsibility to be passed through to the tenant under a triple-net framework.
The building is located at 3215 West Euless Boulevard in Euless, Texas. The current lease is set to commence upon close of escrow and is structured for a 15-year term.
For buyers seeking a stabilized, single-tenant automotive specialist asset, this Maaco lease provides an annual rent of $102,000 with scheduled 2.00% annual increases. The property’s NNN lease structure and long-term term length may be a practical fit for investors looking for a straightforward single-tenant profile tied to an operating automotive brand under contractual rent escalations.
The building is located at 3215 West Euless Boulevard in Euless, Texas. The current lease is set to commence upon close of escrow and is structured for a 15-year term.
For buyers seeking a stabilized, single-tenant automotive specialist asset, this Maaco lease provides an annual rent of $102,000 with scheduled 2.00% annual increases. The property’s NNN lease structure and long-term term length may be a practical fit for investors looking for a straightforward single-tenant profile tied to an operating automotive brand under contractual rent escalations.
Key Highlights
- Maaco single‑tenant auto repair property at 3215 W Euless Blvd, Euless, TX 76040
- Approximately 5,015 rentable SF on an estimated 0.63‑acre parcel
- Subject to a 15‑year triple‑net (NNN) lease commencing upon close of escrow
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 | $125.2k | $24.96 |
| − Vacancy | −$6.3k | −$1.25 |
| EGI | $118.9k | $23.71 |
| − OpEx | −$35.7k | −$7.11 |
| NOI | $83.2k | $16.60 |
5,015 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,241 @ 7.0% cap · market cap 5.10%
Second Best
Industrial
$404.0K
$353.5K – $471.3K
NOI $28,277 @ 7.0% cap · market cap 1.73%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,489 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
937
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 36%
Apparel 12%
Popeyes Louisiana Kitchen
Dining
12,807 visits/mo
0.4 miles
Exxon
Shops & Services
8,851 visits/mo
0.4 miles
SKECHERS Factory Outlet
Apparel
2,824 visits/mo
0.5 miles
Demographics for 76040, TX
31,899
Population
12,912
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
4,090
Density / Sq Mi
$69,683
Median Household Income
$41,493
Median Earnings
$1,245
Median Rent
$281,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant auto repair property available in a 15-year triple-net lease structure with scheduled annual rent increases.
Where is this auto shop located?
The property is located at 3215 West Euless Boulevard Euless, TX.
What is the asking price?
The asking price for this property is $1,632,000.
What are key features of this property?
This property features: Maaco single‑tenant auto repair property at 3215 W Euless Blvd, Euless, TX 76040; Approximately 5,015 rentable SF on an estimated 0.63‑acre parcel; Subject to a 15‑year triple‑net (NNN) lease commencing upon close of escrow
