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 Market149
Property Features for 3215 West Euless Boulevard
General Information
Standard status
Active
Size
5,015 SF
Lot size
0.63 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$102,000
Building Details
Year Built
1978
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Jun 9
Changed: Oct 26
Last Checked: Nov 3 at 4:55AM
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
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 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
Estimated NOI and Cap Rate
NOI / Yr
$83,241
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,820
$1.7M
Cap Rate 7%
$1,189,157
$1.2M
Cap Rate 9%
$924,900
$924.9K
Market Conditions
NOI Build-Up for 5,015 SF
Gross rent
$125.2K $24.96/SF
− Vacancy
−$6.3K −$1.25/SF
EGI
$118.9K $23.71/SF
− OpEx
−$35.7K −$7.11/SF
NOI
$83.2K $16.60/SF
Area
Tarrant 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%
$1,664,820
Cap Rate 7%
$1,189,157
Cap Rate 9%
$924,900
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.
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
479
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 41%
Home Improvements & Furnishings 4%
Jack in the Box
Dining
9,357 visits/mo
0.2 miles
Chevron
Shops & Services
3,874 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,683 visits/mo
0.3 miles
Exxon
Shops & Services
3,419 visits/mo
0.2 miles
Public Storage
Shops & Services
1,159 visits/mo
0.1 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
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
- Texas Drivetrain Performance — 10710 Tube Dr #30, Hurst, TX 76053
- DreamZ Performance — 3401 House Anderson Rd, Euless, TX 76040
- Casey's Wrecker Services & Auto — 3601 Bell Dr, Hurst, TX 76053
- RockBottom Auto and Offroad — 10720 Tube Dr suite 10, Hurst, TX 76053
- Heath's Automotive LLC — 10700 Tube Dr #14, Hurst, TX 76053
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
