310-320 Regal Row - R&D FOR SALE


Dallas, TX 75247- Outer West Dallas
$5,642,857 USD
214-274-8707
310-320 Regal Row, Dallas, TX for Sale
$5,642,857 USD
R&D - FOR SALE
1/17
null | 7.11% Cap Rate

310-320 Regal Row
Dallas, TX 75247
Outer West Dallas


HIGHLIGHTS

  • 39,070 SF multi-tenant small bay industrial asset
  • Located within 1.5 miles of I-35E, SH 183, SH 114, & Loop 12
  • 7.11% cap rate with $10.27/SF NNN average rents & WALT of 4+ years
  • At $144.43/SF priced significantly below replacement cost
  • New TPO roof installed in 2019, 16' clear height, 5 dock high doors and one dock with a ramp
  • 5,581 SF average suite size, tilt wall construction, and 100% HVAC

OVERVIEW

Regal Point Industrial Park (the “Property”) is a 39,070 square foot multi-tenant industrial asset positioned on 2.95 acres of land and located in the infill West Brookhollow Submarket of Dallas, Texas. The Property is situated on Regal Row just one mile from SH 183 and SH 114 providing convenient access across Dallas/Fort Worth through transportation infrastructure including I-35, I-30, LBJ Freeway (635), among others. Built in 1986, the Property consists of one single-story industrial building that is 100% occupied by seven tenants with a Weighted Average Lease Term (WALT) of more than four years. The Property presents an exciting cash flow opportunity with an in-place cap rate of 7.11% and average rents of just $10.27/SF NNN. Additionally, the Property benefits from its excellent infill location within close proximity of transportation infrastructure including I-35E, SH 183, SH 114, Loop 12, I-30, and 635. Accessing these highways allows travel from the Property to most neighborhoods within Dallas County in less than a 20-minute drivetime. Regal Point Industrial Park also benefits from a new TPO roof that was installed in 2019. Additionally, the Property is 100% HVAC, has 16’ clear height, five dock high doors, and one dock with a ramp. As a testament to the quality of the fundamentals and stability of the West Brookhollow Submarket, vacancy rates average just 6.9% with 2025 inventory growth of just 1.5%, according to CoStar Analytics. Average annual household income exceeds $81,186 and median home values are over $247,000 within a five-mile radius. Overall, Regal Point Industrial Park offers a compelling cash flow opportunity with an attractive 7.11% in-place cap rate and positioned in one of Dallas’ prominent infill industrial nodes.

FOR SALE DETAILS

PRICE

$5,642,857 USD

PRICE/SF

$133 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regal Point Industrial Park

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

148

LAND DETAILS

LAND ACRES

2.85

LAND SF

124,146

ZONING

IR

APN/PARCEL ID

00794000700010000

ASK ABOUT THIS PROPERTY

Ty UnderwoodSLJ Company LLCMore Info
214-274-8707

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Ty UnderwoodSLJ Company LLCMore Info
214-274-8707

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