Warehouses /TX /Denton County /Pilot Point /926 US-377
Warehouses /TX /Denton County /Pilot Point /926 US-377

926 US-377 - Warehouse FOR SALE


Pilot Point, TX 76258 | 
$2,300,000 USD
214-256-7167
926 US-377, Pilot Point, TX for Sale
$2,300,000 USD
Warehouse - FOR SALE
1/18
null | 6.09% Cap Rate
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926 US-377
Pilot Point, TX 76258

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HIGHLIGHTS

  • Tenant in business since 1967
  • In place rent is 64% below asking Pilot Point industrial rent
  • Explosive residential growth to drive future demand
  • Over 17,000 Pilot Point housing units either under construction or in active entitlement

OVERVIEW

Absolute NNN lease expires May 2034 with 10% increase in June 2029. Link to NAI Deal Room

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

6.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.74

LAND SF

162,958

ZONING

F1

APN/PARCEL ID

R40760

ASK ABOUT THIS PROPERTY

Jim HancockNAI Robert LynnMore Info
214-256-7167

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Jim HancockNAI Robert LynnMore Info
214-256-7167

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