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134 E Ovilla Rd
Red Oak, TX 75154

$3,514,148 USD

Storefront For Sale  •  4,884 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,884 SF
  • Lot Size 0.48 AC
  • Building Class B
  • Year Built 1998
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
58 Walk Score

Highlights

Qualifies for bonus depreciation
Dallas Metro (income tax free state)
Annual rent increases at the greater of 2% or CPI up to 6%, a hedge against inflation
Absolute NNN lease (zero landlord responsibilities)
Long term ±18 year lease
Recession resistant business

Property Flyers

Cap Rate: 5.75 %

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 34 min - 24.1 mi
Dallas-Fort Worth International 47 min - 37.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Chris Hollenbeck 602-538-7155 Cushman & Wakefield
Chris Hollenbeck 602-538-7155 Cushman & Wakefield