Auto Service Property with NNN
7100 Justin Rd, Lantana, TX 76226
For Sale
New
Contact for pricing
The Kwik Kar location has an operating automotive repair use and a corporate-guaranteed lease.
Property SizeContact for details
Days on Market7
Property Features for 7100 Justin Rd
General Information
Standard status
Property subtype
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License TX SA584876000
(602) 538-7155
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 3:58PM
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 Cushman & Wakefield - Phoenix, Arizona
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.
At 7100 Justin Road, this automotive service property is occupied by Kwik Kar under an absolute NNN lease, with MOP GM Holding, LLC as corporate guarantor. The lease has approximately 15.6 years remaining. Annual rent increases are set at the greater of 2% or CPI, capped at 6%.
The property fronts FM 407, also known as Justin Road, an east-west route connecting Lantana, Argyle, Flower Mound, and Highland Village. Within five miles, the area has approximately 124,000 residents; average household income within one mile is approximately $283,660. Nearby retailers include CVS, Sonic, Pizza Hut, Anytime Fitness, Kroger, Starbucks, and Walmart.
Kwik Kar operates automotive maintenance and repair locations throughout Texas. Its parent platform, FullSpeed Automotive, operates approximately 900 company-owned and franchised locations. The property combines an automotive service tenancy, extended lease term, corporate guaranty, and scheduled rent growth.
The property fronts FM 407, also known as Justin Road, an east-west route connecting Lantana, Argyle, Flower Mound, and Highland Village. Within five miles, the area has approximately 124,000 residents; average household income within one mile is approximately $283,660. Nearby retailers include CVS, Sonic, Pizza Hut, Anytime Fitness, Kroger, Starbucks, and Walmart.
Kwik Kar operates automotive maintenance and repair locations throughout Texas. Its parent platform, FullSpeed Automotive, operates approximately 900 company-owned and franchised locations. The property combines an automotive service tenancy, extended lease term, corporate guaranty, and scheduled rent growth.
Key Highlights
- Kwik Kar automotive service tenant at 7100 Justin Road
- Absolute NNN lease with MOP GM Holding, LLC as corporate guarantor
- Approximately 15.6 years of lease term remain
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76226, TX
37,214
Population
13,668
Households
2.7
Avg Household Size
37
Median Age
65%
College-Educated
98%
High-School Grad
49.8 sq mi
ZIP Area
747
Density / Sq Mi
$170,530
Median Household Income
$81,274
Median Earnings
$3,088
Median Rent
$554,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Auto shop - The Kwik Kar location has an operating automotive repair use and a corporate-guaranteed lease.
Where is this auto shop located?
The property is located at 7100 Justin Rd Lantana, TX.
What is the asking price?
The asking price for this property is $5,885,247.
What are key features of this property?
This property features: Kwik Kar automotive service tenant at 7100 Justin Road; Absolute NNN lease with MOP GM Holding, LLC as corporate guarantor; Approximately 15.6 years of lease term remain
