Sixt: Rent The Car

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Investment Overview

Marcus & Millichap is pleased to present the offering for Sixt Rent a Car, a globally recognized luxury and premium vehicle rental operator, through a newly structured triple-net investment opportunity backed by a corporate guarantee from SIXT SE, which maintains a BBB investment-grade credit rating. The property consists of a 15,600-square-foot facility situated on approximately 0.86 acres in Dallas, Texas.

The tenant recently executed a seven-year lease with an initial annual net operating income of $390,000, featuring 3% annual rent increases and one three-year renewal option at market rent. Ownership has also invested more than $300,000 into tenant improvements and buildout, further enhancing the property’s long-term functionality and value.

Ideally located less than three miles from Dallas Love Field Airport, the Dallas Medical District, Highland Park Village, and affluent neighborhoods with average household incomes exceeding $180,000, the property benefits from immediate access to major highways, the Dallas North Tollway, and nearby public transit. The site also provides convenient access to Old Parkland, a more than $1 billion office campus home to some of the nation’s most prominent financial institutions and family offices, as well as the $5 billion UT Southwestern expansion project currently underway and expected to be completed by 2029.

As the Maple Avenue corridor continues to experience significant redevelopment, infrastructure investment, and population growth, the property is well positioned to capitalize on increasing demand for centrally located commercial real estate within one of Dallas’ fastest-growing urban submarkets.