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5205 N Garland Ave

20,925 SF Retail Building Garland, TX 75040 $7,035,898 CAD ($336 CAD/SF) 6.88% Cap Rate

Executive Summary

Prime investment opportunity, with long term credit Tenant. Office Depot just signed a 5 year renewal in March of 2024.

Attachments

Office Depot OM

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
20,925 SF
Building Class
B
Year Built
2005
Price
$7,035,898 CAD
Price Per SF
$336 CAD
Cap Rate
6.88%
NOI
$484,374 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.13
Land Acres
3.81 AC
Zoning
PD
Parking
150 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
133 ft on Garland Ave

Nearby Major Retailers

Red Robin
Salad and Go
Starbucks
Life Time Fitness
PNC Bank
IHOP
Woodforest National Bank
Buffalo Wild Wings
Cheddar's Scratch Kitchen
Frost Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
263918000101R0000
Land Assessment
$2,322,043 CAD
Improvements Assessment
$3,383,429 CAD
Total Assessment
$5,705,472 CAD
  • Listing ID: 32274043

  • Date on Market: 2024-06-27

  • Last Updated:

  • Address: 5205 N Garland Ave, Garland, TX 75040

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