3401-3409 Kingsley Rdg W - Light Manufacturing FOR SALE


Garland, TX 75041
$5,250,000 USD
214-252-1175
3401-3409 Kingsley Rdg W, Garland, TX for Sale
$5,250,000 USD
Light Manufacturing - FOR SALE
1/5
null | Request Cap Rate

3401-3409 Kingsley Rdg W
Garland, TX 75041


HIGHLIGHTS

  • Significantly Below Submarket Rents
  • In Demand Facility in a Dense Industrial Corridor
  • Verisco Roofing System

OVERVIEW

• Highly Sought-After Multi-Tenant Industrial – 34,560 SF with Suites between 2,000 & 5,500 SF. Ideal size for pushing rents in a rapidly growing market • Significantly Below Submarket Rents – 84.2% occupied with all leases expiring in the next 2 years. 41.7% below market with in-place rents, allowing an investor tremendous upside quickly (SOURCE: COSTAR) • Directly Next to the Intersection of Jupiter Rd and Lyndon B Johnson Fwy I-635 – Less than a Mile from the Intersection of these major thoroughfares in North Dallas • In Demand Facility in a Dense Industrial Corridor - Side and Rear Loading Facility with 7 Drive-In Doors, 85 parking spaces, and located in a dense North Dallas location. Surrounded by complimentary and competing tenants including ABC Supply Co, Grainger Industrial Supply, Massimo Motors, Plastipak, Caliber Collision, Sherwin Williams Distribution Center, FedEx Ship Center, Prism Electric, and Kraft Heinz • Verisco Roofing System Installed in 2014 – Verisco Total Roofing System was installed in December of 2014 and comes with a Warranty until January 2030

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.92

LAND SF

83,635

ZONING

MI

APN/PARCEL ID

26424500010020300

ASK ABOUT THIS PROPERTY

Johnny DunnCBREMore Info
214-252-1175

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Johnny DunnCBREMore Info
214-252-1175

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