2457 NW Dallas St - Light Distribution FOR SALE


Grand Prairie, TX 75050
$2,650,000 USD
469-815-4154
2457 NW Dallas St, Grand Prairie, TX for Sale
$2,650,000 USD
Light Distribution - FOR SALE
1/11
null | Request Cap Rate

2457 NW Dallas St
Grand Prairie, TX 75050


HIGHLIGHTS

  • Deep Value-Add Industrial | $3.83/SF In-Place Rents | ~67% Below Market | NOI Upside
  • Current gross income is approximately $78,200 with a current NOI of about $21,000, offering strong upside potential
  • Well-located within the established Lower Great Southwest Industrial District, offering seamless access to major highways
  • Occupancy is 100%, providing immediate income stability while pursuing future repositioning strategies
  • Potential to increase gross income to more than $214,000 annually and NOI to approximately $180,000-$190,000 upon achieving market rents
  • Rents are approximately 67% below current market rates, underscoring the strong value-add component of this investment

OVERVIEW

This offering presents a 20,400 SF multi-tenant small-bay industrial asset located in the Lower Great Southwest submarket of Grand Prairie, TX. The property is currently 100% occupied with significantly below-market in-place rents (~$3.83/SF), providing a rare opportunity to increase income through lease rollover and mark-to-market strategies. The asset features a combination of grade-level and dock-high loading along with 16’–17’ clear height, making it suitable for a wide range of light industrial and service users. Its central DFW location provides strong access to Interstate 30, Highway 360, Interstate 20, and DFW Airport, supporting continued tenant demand. This is a compelling value-add opportunity with a clear path to increasing NOI and overall asset value.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deep Value-Add Industrial

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

7

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

F1

APN/PARCEL ID

00692239

ASK ABOUT THIS PROPERTY

Ivan del-AguilaSVN | Trinity AdvisorsMore Info
469-815-4154

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Ivan del-AguilaSVN | Trinity AdvisorsMore Info
469-815-4154

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