Cap Rate
6.50%
Price Per SF
$78
Gross SQFT
72,651
Occupancy
100%
NOI
$369,996
Property Type
Industrial
LEAD LISTING AGENT
Jack Lenihan
Senior Associate
Email
[email protected]
License No.
712201 (TX)
Direct
+1 (214) 692-2886
Mobile
+1 (310) 779-7503
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Low Basis – The property offers a low price PSF compared to similar assets in the market, presenting an attractive entry point for investors seeking value. This
pricing advantage positions the asset competitively within a growing Dallas-Fort Worth (DFW) real estate market. - Below-Market Rents with Upside Potential – The property offers below- market rental rates, with four (4) two-year extension options and Fair Market Value (FMV) adjustments at each renewal, creating an opportunity to capture additional income as the lease aligns with market trends over time.
- Strategic Location Near Major Transportation Corridor – Located near I-35W, one of the major highways in the DFW area, the property benefits from excellent connectivity to the surrounding metropolitan region and beyond. This prime location supports strong tenant demand and accessibility.
- Hands-Off Investment with Tenant-Funded Expenses – The property is secured by a Triple-Net (NNN) lease, placing all operational responsibilities, including maintenance, taxes, and insurance, on the tenant. This arrangement offers passive income with no ownership obligations, enhancing the appeal for investors seeking low-maintenance assets.
- Proximity to Key Regional Airport – Positioned less than five miles from Fort Worth Meacham International Airport, the property is ideally situated for businesses requiring swift access to air transport and logistical hubs, adding further value for distribution and operational needs.
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225