909 Moore AveTerrell, TX 75160

This exceptional investment opportunity presents a 5,120-square-foot auto shop in Terrell, Texas, currently leased to a national tenant. Located at 909 W Moore Ave, this property boasts a strong location within a thriving retail corridor on W Moore Ave, benefiting from high visibility and approximately 28,000 vehicles per day. The tenant, a well-established national brand, has occupied the space since September 27, 1996, demonstrating a long-term commitment to the location, having exercised four lease renewal options. The current lease, a Net Net (NN) lease, expires February 28, 2030, offering a remaining term of 5.3 years with a one or five-year option. The property sits on a 0.41-acre lot and was built in 1973. The property generates a Net Operating Income (NOI) of $75,600, resulting in an attractive 6.30% capitalization rate. The asking price is $1,200,000. This investment benefits from a low rent per square foot ($15.23) for this market, a strong tenant with a high credit rating, and a location less than 30 miles from Downtown Dallas, TX, and conveniently situated off the I-20 corridor. The property is situated in a growing submarket with nearly 19,000 people residing within a 3-mile radius. Texas's income-tax-free status further enhances the investment's appeal. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location.