2126 Josey Ln Carrollton, TX 75006-2904
This exceptional investment opportunity presents a fee-simple ownership of a thriving car wash in Carrollton, Texas. The property boasts a 20-year absolute NNN lease, ensuring minimal landlord responsibilities and a predictable income stream. The 3,942 square foot building sits on a 1.35-acre lot at a high-traffic intersection experiencing over 50,000 cars per day, guaranteeing excellent visibility and consistent customer flow. The property underwent renovations in 2024 and currently enjoys 100% occupancy with a strong national tenant. The lease includes annual rent bumps of 1.5%, providing built-in growth potential. The property's Net Operating Income (NOI) is $375,000, resulting in an attractive 6.9% capitalization rate. The asking price is $5,435,000. This is a rare opportunity to acquire a land and building asset with a long-term, secure lease in a prime retail location surrounded by complementary businesses and strong demographics. The tenant is responsible for all expenses, minimizing operational burdens for the owner. This depreciable asset offers significant tax advantages. Located at 2126 N Josey Ln, Carrollton, TX 75006, in Dallas County, this car wash represents a compelling investment with substantial long-term value.
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Landshark Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z140 · Carrollton, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.