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Dallas, TX - Overseas Service Haus

$3,840,000

6520 N Central Expwy, Dallas, TX 75206

Active
Last Updated: 03/27/2025

5.5

Cap Rate

211,200

NOI

Details:
Cap Rate:    5.5%
NOI:    $211,200
Building Size:    5,591 sqft
Description:

• GB Auto Service, Inc. Corporate guaranteed lease
• 2 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years and at the beginning of each option period

• The subject property is located less than half a mile from Southern Methodist University, which has a student population of over 10,400
• Less than 1.5 miles from Northpark Mall, which features national/credit tenants such as Neiman Marcus, Nike, Nordstrom, lululemon, Dillard’s, Apple, Macy’s, Louis Vuitton, and many others
• The asset is located in the center of a primary retail corridor that includes national/credit tenants such as Whole Foods, REI, Academy Sports + Outdoors, Dick’s, Chick-fil-A, CAVA, Best Buy, In-N-Out, and others
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
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