8732 Harmon Rd Fort Worth, TX 76177-7500
- Auto shops
- 10,791 SF
- 1.81 lot acres
Jun 30, 2025
Current Use by Public Records
- Caliber Auto Glass / Auto Glass Repair Service
- Caliber Auto Care / Oil Change Service / Tire Shop
Property Details for 8732 Harmon Rd
- Year built
- 2019
- Lot size
- 1.81 lot acres
- Property size
- 10,791 SF
- Property type
- Auto shops
- APN
- 32942M-A-7R5
- APU
- 32942MA7R5
Description
This exceptional investment opportunity presents a fee-simple 12,617 square foot auto shop in Fort Worth, Texas. Built in 2019 as a corporate build-to-suit for Service First (now Sun Auto), this property boasts a 9.6-year remaining lease term with two 5-year options. The absolute triple-net (NNN) lease structure ensures zero landlord responsibilities, while a corporate guarantee from Sun Auto provides significant security. The property sits on a 78,844 square foot lot and enjoys a 6.08% cap rate with a current NOI of $372,947. The lease includes 10% rent increases every five years. Located in a thriving retail area near major retailers like Costco, Target, and Ross, this property benefits from excellent demographics and high traffic counts. The property's strategic location within the Dallas-Fort Worth metroplex, coupled with its strong tenant and favorable lease terms, makes it an ideal investment for discerning buyers. The asking price is $6,132,250, translating to $486.03 per square foot. This single-story building offers a compelling combination of stability, growth potential, and passive income generation. The property's prime location in a high-growth area of Fort Worth ensures long-term value and strong rental income.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $315,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3308
- Latitude
- 32.9014
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
