Dekra is a multi-billion dollar German Company operating in 50 countries and 5 continents. The subject property is a 2,282 Sf single tenant building located in Plano, TX. Dekra is a global leader in automotive transmission and lube inspection services. By law, in the state of Texas, all automotive vehicles must obtain an annual transmission inspection. Our Client came to us with only 2 weeks left in the 45 days identification period for their 1031 exchange. Although we don’t recommend holding off on identifying a property until the last minute, it was easy for us to help our client cross through to the finish line!
– 15 year lease – 10% increase every 5 years
– Corporate Guarantee by Dekra North America and Dekra Germany
TFS Properties, Inc. specializes in 1031 Tax-Deferred Exchanges. When the time comes for you to upgrade your real estate investments, it is important to work with specialists having the experience & relationships to help you find the right solution and properties for your individual circumstances. Rusty Tweed, Mac Graham, & Edward Weng have over 70+ years of combined experience and offer specialized support for each unique situation.
For a personal, private consultation, feel free to contact us at your convenience.