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Property profile & analytics
OFF-MARKET Estimated value $510,000
Drive through restaurants

2126 Josey Ln Carrollton, TX 75006-2904

4,042 SF 0.96 ac lot Built 2005
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-0496095
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Construction FRAME
Total area 4,042 SF
Lot 0.96 ac (41,880 SF)
Zoning code Z140
APN 14089660015R10000
UPID US82-0496095
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Landshark Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$597k
Blend (final) Blend
$510k
Owner & transaction history
2126 N Josey LLC · 3 yrs held
2126 N Josey LLC
since 2023
7 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2016
Price N/A
Zoning & alternative use
Z140 · Carrollton, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $605,000 +15.9%
Commercial (general) $525,000 +0.2%
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