6406 Highway 78 - Flex FOR SALE


Sachse, TX 75048
$2,135,000 USD
214-274-8707
6406 Highway 78, Sachse, TX for Sale
$2,135,000 USD
Flex - FOR SALE
1/18
null | 7% Cap Rate

6406 Highway 78
Sachse, TX 75048


HIGHLIGHTS

  • 7.0% In-Place Cap Rate | 100% Occupied
  • 5.6% Avg. Annual Contractual Rent Growth
  • Nine Suites / Eight Tenants | Predominantly NNN Leases
  • Rare Fenced Outside Storage & Grade-Level Loading
  • Small-Bay Flex | ±1,335 SF Avg. Suite | 12'–15' Clear
  • Infill Sachse Location | 4.9% Vacancy | Zero Projected New Supply Through 2030

OVERVIEW

Trinity Center Business Park (the “Property”) is a ±12,012-square-foot, multi-tenant small-bay industrial asset located in Sachse, Texas. The Property consists of nine suites that are 100% occupied by eight tenants. Seven tenants are on NNN leases, and one is on a modified gross lease, with a Weighted Average Lease Term (WALT) of 23 months. The Property is offered at an attractive 7.0% in-place cap rate with a Year-5 pro forma cap rate of 8.6%. Submarket vacancy is just 4.9% and rents are forecasted to grow an average of 2.72% annually through 2030 (CoStar). The building is masonry construction and is configured for small-bay tenants, with an average suite size of ±1,335 square feet, 12’ to 15’ clear height, grade-level loading, and approximately 10% office and 90% warehouse finish-out. The Property includes a rare fenced outside storage area. This configuration accommodates light industrial and service-oriented tenants who serve the surrounding high-income households. The Property is located on S State Hwy 78 immediately north of President George Bush Turnpike (PGBT). The infill location provides access to PGBT and onward connectivity to Central Expressway (US 75), I-635 and I-30, and to the balance of the Dallas–Fort Worth Metroplex. Within a two-mile radius, average household income exceeds $165,900 and median home value exceeds $457,900 (CoStar). Overall, Trinity Center Business Park offers a stabilized, income-producing small-bay industrial asset in an infill Sachse location, with in-place cash flow, predominantly NNN lease structures and contractual rent growth.

FOR SALE DETAILS

PRICE

$2,135,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trinity Center Business Park

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

12

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,897

ZONING

PD-23

APN/PARCEL ID

480042600A2R20000

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 Notice.