Property summary
This exceptional investment opportunity presents a brand-new, 4,900 square foot, Class A auto shop in Highland Village, Texas, boasting a 15-year absolute NNN lease with Brakes Plus, a leading automotive service tenant with over 145 locations. The property, built in 2024, sits on a 0.62-acre lot and includes 18 parking spaces. The lease commenced December 23, 2023, and features 7.5% rent bumps every five years, providing a strong hedge against inflation. With a current NOI of $176,000 and a… 5.50% cap rate, this single-tenant property offers significant long-term value. The lease includes five additional five-year renewal options, ensuring consistent income for years to come. Located at 2370 Justin Rd, 75077, this property benefits from a high-traffic location with over 36,000 vehicles daily on Justin Rd (FM-407), and proximity to major shopping centers and a high school. The densely populated area boasts excellent demographics, with over 189,000 people within a 5-mile radius and an average household income exceeding $223,000 within 1 mile. This fee-simple ownership offers a stable, low-maintenance investment in a strong Texas market. The property is zoned commercial and features Brakes Plus's latest prototype design. The asking price is $3,200,000, representing a price per square foot of $653.06.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,231 SF
- Lot area
- 1.27 ac
- Year built
- 2001
- Stories
- 1
- APN
- R234191
- Assessed value · 2024
- $1,023,210
- Annual tax · 2023
- $33,128
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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