1039 N Loop 12 Blvd - Light Manufacturing FOR SALE


Irving, TX 75061
$2,950,000 USD
214-566-2039
1039 N Loop 12 Blvd, Irving, TX for Sale
$2,950,000 USD
Light Manufacturing - FOR SALE
1/26
null | 4.74% Cap Rate

1039 N Loop 12 Blvd
Irving, TX 75061


HIGHLIGHTS

  • Tenant currently in place.
  • Value is in the land and location.
  • Property sits on 1.6 acres with outdoor storage.

OVERVIEW

Property sits on 1.6 acres with outdoor storage. The value is based on the land and location. The building was remodeled about 4-5 years ago and are in good shape. A tenant is in place. The tenant has the first right of refusal on any accepted offer by owner. They also have 2 remaining options to renew thier lease in May of 2025 and May of 2027. The lease rate at time of renewal will be determined by the current market lease rate.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

4.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.6

LAND SF

69,696

ZONING

Ml-20a

APN/PARCEL ID

65087932010040000

ASK ABOUT THIS PROPERTY

Charles DeitrickBig Tex Realty Group, LLCMore Info
214-566-2039

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Charles DeitrickBig Tex Realty Group, LLCMore Info
214-566-2039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.