Capital One Bank
5,350 SF | Retail Building | Garland, TX 75041 | $1,996,700 ($373/SF) | 6.06% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,996,700
- Sale Condition
- 1031 Exchange
- Property Type
-
Retail
- Square Feet
- 5,350 SF
- Price / Square Foot
- $373
Listing Contacts
Kevin Lachoff
Verified Profile
- Property Info
Property Overview
This is a prime opportunity to purchase a Capital One bank branch with strong tenured deposits. Located at the signalized corner of Northwest Highway & Towngate Blvd., just off of I-635 (LBJ Freeway) in the Dallas suburb of Garland, TX. FDIC 6/30/23 branch deposit reports $56,567,000 in branch deposits. The property features 6 drive-through lanes, pylon signage, and good visibility. Strong demographics, with over 144,500 residents within 3 miles and a daytime population of ±128,500, growing to over 370,000 in 5 miles, ±324,000 daytime. Garland is the 5th largest city in the 13-county Dallas/Ft. Worth MSA.
Property Details
- Class
- B
- Year Built
- 2007
- Stories
- 1
- Property Subtype
- Bank, Freestanding, Storefront, Storefront Retail/Office
- Lot Size (sq. ft)
- 42,689 SF
Highlights
- Signalized corner location, just before I-635 (LBJ Freeway) on/off ramps
- 6 Drive-thru lanes, Pylon Signage
- Garland is the 5th largest city in the 13-county Dallas / Ft. Worth MSA, 2nd only to Dallas in Dallas County
- ±144,585 Residents within 3 miles, Daytime population of ±128,500
- +372,380 Residents within 5 miles, Daytime population of ±324,000
- Garland consistently ranked in Top 10 lists of places to live: 2017 “2nd best City in Texas and 17th overall for jobs;” “3rd best City for living th
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