Listed by EXP Realty Texas
$12/SF/YR
Mini Industrial Park - Flex space
Building Details
Property Type Industrial
Sub Type Flex, Warehouse
Tenancy Multiple
Lease Type NNN
Total Building SqFt 36,000
Vacant SqFt 36,000
Year Built 2026
Spaces
- New construction reduces deferred maintenance.
- Triple‑net structure shifts operating risk and long‑term costs to tenants.
- Divisible, flexible spaces for a wide range of tenants (logistics, trades, e‑commerce support, light manufacturing, storage).
About This Property
Building description
Six newly built industrial buildings — approximately 6,000 SF each, divisible to 1,500 SF suites — offered for sale at $4,850,000 and now leasing. Located in Justin (Denton County), minutes from the FM 156 / Alliance industrial corridor and surrounded by major distribution and logistics hubs.
Building highlights
- 8.91% pro forma cap rate / 8.19% adjusted (5% vacancy + 3% management reserve)
- $432,000 projected annual base rent at full occupancy; $397,440 adjusted NOI
- Strong submarket fundamentals — Justin population up ~34% since 2020, median household income $114,157
- Brand new steel construction with clear-span interiors ready for tenant finish-out
- Overhead bay doors, concrete drive aprons, ample yard space
- Excellent visibility and access along the growing FM 156 corridor
Listing Contacts
Listed by EXP Realty Texas
Map
Property History
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