Multi-Tenant Auto
For Sale
Contact for pricing
700 S Cherry Ln, White Settlement, TX 76108
Light industrial zoning and multiple tenancy define this automotive commercial property.
Property Size4,455 SF
Days on Market144
Property Features for 700 S Cherry Ln
General Information
Standard status
Active
Size
4,455 SF
Total Parking Spaces
16
Property subtype
Retail
Zoning
Light Industrial
Occupancy
95%
Net Operating Income
$71,500
Financials
Asking Price
$1,100,000
Cap Rate
6.5%
Additional Details
Road Access
Yes
Building Details
Year Built
1982
Year Renovated
2017
Buildings
1
Tenancy
Multi
Listing Agency:
Legacy Commercial Group
(972) 755-3734
Listed By:
TJ McNeece · License #TX 0447661
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:32AM
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 Legacy Commercial Group
Investment Insights
Based on property information with market context.
This 4,455 SF Class B auto shop is configured for multiple tenants and is 95% leased. Originally built in 1982, the property received renovations in 2017 and includes 16 parking spaces. Light Industrial zoning supports the property's automotive commercial classification.
The building fronts 130 feet along S Cherry Lane in White Settlement, providing a defined street presence. The property reports a 6.5% cap rate and 95% leased occupancy, offering an established income profile for an automotive-oriented asset.
The building fronts 130 feet along S Cherry Lane in White Settlement, providing a defined street presence. The property reports a 6.5% cap rate and 95% leased occupancy, offering an established income profile for an automotive-oriented asset.
Key Highlights
- 4,455 SF Class B auto shop
- 95% leased with multiple tenancy
- Renovated in 2017; built in 1982
Property Analytics
Property Profile
Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- DPF Systems — 863 S Cherry Ln, Fort Worth, TX 76108
- Clements Automotive — 863 S Cherry Ln, White Settlement, TX 76108
- Superior Towing — 7804 Tacoma Dr, White Settlement, TX 76108
- Brothers auto repair — 700 S Cherry Ln, White Settlement, TX 76108
- Luster's Automotive — 809 s cherry ln, white settlement, tx 76108
Frequently Asked Questions
What type of property is this?
Auto shop - Light industrial zoning and multiple tenancy define this automotive commercial property.
Where is this auto shop located?
The property is located at 700 S Cherry Ln White Settlement, TX.
What are key features of this property?
This property features: 4,455 SF Class B auto shop; 95% leased with multiple tenancy; Renovated in 2017; built in 1982
