Take 5 Oil Change – Dallas

Price: $1,200,000
Sq. Ft.: 3,447
Cap Rate: 5.5%
Built: 1992
Absolute Net

The subject property is located at the intersection of Belt Line Road and Alexis Drive, with ingress/egress points on both streets.  Cumulative traffic counts are approximately 34,000-vehicles per day.  National and regional retailers in the surrounding area include Hobby Lobby, Stein Mart, Tom Thumb grocery, TJ Maxx, CVS, Pizza Hut, McDonald’s, Boston Market, Dollar Tree, Dickey’s Barbecue Pit, Chick-fil-A, 7-Eleven, Supercuts, The UPS Store, and others.

The surrounding area has excellent demographics, including a densely populated five-mile radius of over 350,900 residents with an average household income of $93,875.  The subject property is less than one and a half miles east of the Dallas North Tollway, with a dense retail trade area and multi-family housing communities.