Fate, TX (Dallas MSA) 75189

Brakes Plus Sale-Leaseback

Property Address

4776 East Interstate 30, Fate, TX, USA

Offering Summary

  • Price: $2,616,822
  • Lot Size: 0.71 Acres
  • Cap Rate: 5.35%
  • Year Built: 2026
  • Building SF: 4,975
  • Status: In Escrow
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
  • 5% Rental Increases Every Five Years with Multiple Renewal Options
  • Brakes Plus Operates 190+ Locations Across 7 States
  • Corporate Guaranty by Mavis Tire Express Services Corp., One of the Largest Independent Automotive Service Businesses in the United States with Over 3,500 Service Centers Across the U.S.
  • Rapidly Growing Trade Area in the Dallas MSA - Households and Population Projected to Increase More Than 20% within a One-Mile Radius by 2030
  • Excellent Frontage Along Interstate 30, which is Currently Undergoing a $348 Million Expansion Project
  • Adjacent to Lafayette Crossing and Fate Yards, Two Major Mixed-Use Developments Encompassing a Combined ±317 Acres
  • New Tenants in the Immediate Area Include Target, Kroger, Planet Fitness, Ace Hardware, Chicken Express, and Dairy Queen
  • Average Household Income Exceeds $117,000 in the Surrounding Area

Broker Information