Take 5 Oil Change – Garland (Broadway)

Price: $830,800
Sq. Ft.: 2,850
Cap Rate: 6.5%
Built: 1986
Absolute Net

The subject property is located on Broadway Boulevard near the intersection with Wynn Joyce Road.  Traffic counts in front of the property are approximately 32,300-vehicles per day.  Walmart Neighborhood Market is at the corner of Wynn Joyce Road, and other neighboring retailers include Foot Locker, Allstate Insurance, O’Reilly Auto Parts, U-Store Self Storage, Uncle Bob’s Self Storage, AutoZone, and others.

The area surrounding the property is densely populated, with approximately 282,500 residents within five miles.  The average household income within one mile is $74,868.