416 E Kennedale Parkway, Kennedale, TX 76060
Grandfathered auto body facility with seven bays, ample parking, and lease-backed occupancy through mid-2026.
Property Features for 416 E Kennedale Parkway
General Information
Site & Location
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
The site is located about 0.5 miles from Kennedale Town Center and near major highways I-20 and I-820. The property is described as having high visibility, with a daily traffic count of over 10,000 vehicles. It also benefits from proximity to established businesses including Advance Auto Parts and Texaco.
For buyers or operators, the combination of a code-recognized auto body use, purpose-built bay configuration, and updated office and restroom improvements can support continued automotive service operations. The property is also presented as adaptable for other commercial uses, including retail, restaurant, or office applications, subject to applicable requirements.
Key Highlights
- 3,612 SF commercial building on a 0.445‑acre lot built in 1981
- Grandfathered for auto body use with seven bays and ample parking
- Lease‑backed occupancy in place through mid‑2026
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 | $90.2k | $24.96 |
| − Vacancy | −$4.5k | −$1.25 |
| EGI | $85.6k | $23.71 |
| − OpEx | −$25.7k | −$7.11 |
| NOI | $60.0k | $16.60 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 76060, TX
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Big Red Automotive — 1117 Kennedale Pkwy Bldg A, Kennedale, TX 76060
- Jazz Automotive Inc. — 1111 Kennedale Pkwy, Kennedale, TX 76060
- Performance Transmissions — 917 Kennedale Pkwy, Kennedale, TX 76060
- Oliver's Auto Clinic — 1117 Kennedale Pkwy Ste B, Kennedale, TX 76060
- Moniz Enterprises Inc — 1113 Kennedale Pkwy, Kennedale, TX 76060