Meineke Car Care Center

Marcus & Millichap is pleased to present the exclusive listing for a Meineke Car Care Center located at 5161 Broadway Ave in Haltom City, TX. The site consists of roughly 4,800 rentable square feet of building space on estimated 1.40-acre parcel of land. This Meineke Car Care Center is subject to a 20-year absolute triple-net (NNN) Sale-lease back. The current annual rent is $100,000 and is scheduled to increase by 1.5%annually throughout the base term and in each of the four (4), Five (5)-year renewal options.

Brand New 20-Year Absolute Triple Net Lease Upon Close of Escrow
Lease is True Triple Net with 1.5% Annual Rental Increases
Extremely Dense Residential and Commercial Area Immediately Outside of Dallas
Over 14,000 Residents Living in a 1-Mile Radius
Ideal Consumer Base for Vehicle Repair Services that Meineke Offers
Average Household Income of over $74,000
Over 256,000 Residents Within 5 Miles