507 West Mockingbird Lane

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507 West Mockingbird Lane

Dallas, TX 75247
Asking Price
$1.10M
Asset Type
Auto Shop Retail
Class
Class B

What's Special

VACANT MEINEKE <ul><li>​<strong>Turnkey Auto Repair Facility</strong> – Former Meineke – The property was previously occupied by Meineke Car Care Centers and is purpose-built for automotive service use, featuring three (3) exterior service bays, approximately 10-foot clear ceiling heights, and a perfect car-friendly score of 100. Recent 2019 façade and structural renovations provide a solid foundation, allowing for immediate occupancy by an owner-user or seamless conversion for a new operator or automotive fra

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NOI
$80,000
Cap Rate
7.28%
DSCR
1.23
Tight
Cash-on-Cash
4.47%
Monthly Payment
$5,437.252
Annual Cash Flow
$14,752.972

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