Auto Savvy – 611 E. I-20, Duncanville, TX
Please provide the below information to view this property's offering memorandum.
Highlights
- Fantastic STNL Auto Dealership with Credit Tenancy – AutoSavvy, the nation’s largest automotive retailer specializing in branded title vehicles and 40 locations across the United States.
- STNL Investment with ± 7.2 Years of term remaining with four 5-year option.
- ± 2,832 SF of office space and ± 20,543 SF of automotive/industrial workspace, featuring one (1) drive through bay, offering versatility for a wide range of users.
- Annual rent escalations of 2.00% in both the primary and option term, providing new ownership steady revenue growth, a hedge against inflation, and upside in the future.
- Excellent 5.994 AC pad and building located at the hard NWC of Interstate 20 Frontage Road & E Camp Wisdom Rd. The property offers fantastic access to major highways, offering excellent connectivity to the entire DFW Metroplex.
- Significant commercial, retail and residential traffic generators, perfect for the current Tenant, as well as prospective tenants in the future.
- Income Tax Free State.
- Additional stability with Guaranty from Autosource Holdings Inc.
Description
DB2RE Investment Sales is pleased to present the opportunity to acquire Auto Savvy (“The Property”) located at 611 E Interstate 20 in Duncanville, TX. The Property, situated on the IH-20 Frontage Road, consists of 23,375 square feet and situated on 5.994 acres of land. The tenant, Auto Savvy (corporate guarantee), provides investors with a fantastic 10-year NNN lease (± 7.2 years of term remaining) that includes four 5-year options. The lease boasts advantageous rent increases of 2.00% in both the primary and options terms, With virtually zero landlord responsibilities, the offering is an ideal management free investment opportunity for passive investors and/or 1031 buyers seeking core properties with a stable revenue stream.
Strategically positioned at the NWC corner of Interstate 20 Frontage Road and E Camp Wisdom Rd in Duncanville, Auto Savvy is located within the heart of the DFW Metroplex with excellent visibility and access to 200,000+ (IH-20) cars daily. Surrounding the property are tremendous densities with 84,895 and 238,665 residents and 42,456 and 71,568 employees across 3,155 and 6,116 businesses within a 3 and 5 mile radius. New ownership will not only enjoy this STNL investment with over $352K in net income each year, but will also be purchasing a once-in-a-generation asset in the core of the DFW metroplex.
Location
611 E. I-20, Duncanville, TX
Auto Savvy – 611 E. I-20, Duncanville, TX
611 I-20, Duncanville, Dallas County, Texas 75116

Contact Us About this Property



