$2,361,970 USD
972-782-9003
4930 Gordon Smith Dr
Rowlett, TX 75088
Downtown Rowlett
HIGHLIGHTS
- MULTI-TENANT INDUSTRIAL CONFIGURATION: ±18,169 SF multi-tenant industrial asset featuring a diversified rent roll that mitigates income concentration
- BELOW-MARKET RENTS WITH CONTRACTUAL INCREASES: In-place rental rates are materially below current market comparables
- STRATEGIC INFILL LOCATION WITH EXCELLENT REGIONAL CONNECTIVITY: Positioned with direct access to President George Bush Turnpike (SH-190)
- COMPELLING BASIS RELATIVE TO MARKET AND REPLACEMENT COST: Acquisition at a price-per-square-foot below both estimated replacement cost
- EXPENSES REIMBURSEMENT (TENANT PAYS PRO-RATA SHARE INCREASES OVER BASE YEAR): Real Estate Taxes, Insurance Premiums, Operating Expenses
- DIRECT PAY EXPENSES (TENANT PAYS PROVIDER DIRECTLY): All Utilities; Ex: Electricity, Cable, Gas, Internet Access, Water
FOR SALE DETAILS
PRICE
$2,361,970 USD
PRICE/SF
$130 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
5
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.92
LAND SF
40,075
ZONING
I2
APN/PARCEL ID
44022920030200000
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972-782-9003
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972-782-9003
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