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Auto Mobile Building
Location: United States -> Texas -> Dallas/Fort Worth -> Fort Worth
Industry: Auto Related > Other Auto Related

Business Summary

The Building consists of 6000 SF of leasable area on .70 AC lot with ample parking and enclosed storage behind the building.
1. Suite-A -Retail office/Shop and additional gated lot of 5500sft Leasing.- Leasing for Auto detail and Retail shop
1. Suit#B- Occupied - Successfully running 4 Bay Auto mechanic shop and Tire shop and backside additional storage.(Option for continuing the lease or new owner can run this business) - Leasing.
2. Suite# C - Occupied- 4 Bay Tire shop and additional 3500 sf storage area in the back- Auto tire shop-TirePlex - Leasing . (Current business owner planning to sell this business for 25K including the inventory)
Building video link

Whole Building asking price for sale - 900K

Expected/Projected rental income from all the suite @ 6000 to 7000 /Month
Average annual household income within 5 mile radius is high and in well-established retail and residential corridor
Extremely High Growth Trade Area: Located just West a highly dense area of West Fort Worth, 700 s cherry lane, benefits from strong demographics with high growth expected over the next several years. Within three- and five-mile radii of the property, there has been a hefty increase of 21.61% and 27.48% of residents, respectively, over the past nine years. Additionally, within the next five years, the population within a five-mile radius is expected to grow an additional 9.12%. - Exceptional Demographics: Within a five-mile radius, the asset benefits from a strong household income of $81,390, which is well above the national average. - Retail-Dense Location: Situated in a retail-dense corridor just west of the historic Ridgmar area of Fort Worth, the property benefits from exposure to consumers with high spending power.
The subject property will benefit due to its close proximity to both Lockheed Martin Corporation (17,000 employees) and US Navy and Marine Headquarters


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $60,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $900,000
Seller Financing:  No

About The Business

Year Established:  2017
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  yes
Reason For Selling:  owner has other business plan

Print Listing Id: 700356630
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