Cap Rate
10.33%
Price Per SF
$97
Gross SQFT
121,968
Leasable Area
35,256 SF
NOI
$353,516
Property Type
Industrial
INVESTMENT HIGHLIGHTS
- Well-built out Office/Flex space totaling ±35,000 square feet on a ±2.8-acre lot with plenty of parking.
- Located in a central infill location next to major producers such as Walmart, Bass Pro Shops, and ABC Supply Company it suitable for various tenants for years to come.
- Positioned right off Highway 77 which sees over ±43,000 vehicles per day.
- Facility is being sold below replacement cost at a great in place cap rate and multiple renovations already completed over the past years by ownership.
- Zoned for Commercial Use.
- Over 55% of the center is leased out to tenants with lease term into 2033.
Broker of Record
- Kyle Matthews
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225