Property Overview 1008 Stonewall Street offers a rare opportunity to acquire a fully occupied, multi-tenant office building in the heart of Garland, TX. The property consists of 5,035 rentable square feet across 10 suites, situated on 0.47 acres. The asset is 100% leased, with multiple tenants in place since the building's original construction and newly signed lease renewals in progress that provide built-in rental upside. The property is currently producing $7,069/month in gross rental income, with pro forma rents increasing to $8,380/month following renewals at $20/SF with 2–3 year terms and 3% annual escalations. All tenants pay their own utilities, and operating expenses are low, with minimal maintenance required due to recent capital improvements. Investment Highlights 100% leased, 10-suite office building Pro forma cap rate of 8.94% based on $20/SF renewals In-place cap rate of 7.54% based on current rent roll Tenants pay utilities | Low landlord responsibility Recent improvements: new HVAC (within 2 years), remodeled units, fresh paint Long-term tenants; several in place since original construction Strong location with easy access to I-30 and I-635 Financial Summary • Asking Price: $899,900 • Rentable Sq Ft: 5,035 SF • Lot Size: 0.47 Acres • Occupancy: 100% • Current Gross Income: $84,828/year ($7,069/month) • Current NOI (Est. 20% expenses): $67,862 • Current Cap Rate: 7.54% • Pro Forma Gross Income: $100,560/year ($8,380/month) • Pro Forma NOI (Est. 20% expenses): $80,448 • Pro Forma Cap Rate: 8.94% Location Overview Strategically located in Garland, Texas—part of the rapidly expanding DFW Metroplex—1008 Stonewall Street benefits from proximity to major highways, a strong residential base, and a mix of surrounding commercial activity. The property is ideal for local investors or 1031 exchange buyers seeking a stabilized asset with long-term income and embedded rental growth.