2118 California Crossing
Industrial Land - Premier Trailer Parking or Development Site
Marketing description
2118 California Crossing is located within the West Hines Industrial Submarket, which is immediately adjacent to many of the major population centers in DFW. A majority of the submarket’s industrial inventory runs along Harry Hines Boulevard and North Stemmons Freeway (I-35), with this niche pocket of Dallas specifically known for its liberal zoning permissions and uses. The West Hines submarket consists of 9.4M SF of inventory and has a low vacancy rate of 5.9%. This is due to the absence of new supply and steady demand. Several of the largest materials importers such as: Vulcan Materials, Martin Marietta, & Big City Crushed Concrete are in the heart of this submarket just to the North of 2118 California Crossing which has caused the demand for IOS Facilities to consistently rise. Approximately 80% of all businesses in the materials business pick up inventory from these sites every day for their day-to-day operations, so having a location in close proximity to park is critical.
Investment highlights
All necessary permits in hand from regulatory agencies to immediately begin construction and leasing!
Incredible Last-mile Location – Proximity to Some of the Most Densely Populated & Affluent Neighborhoods in the Dfw Metroplex – Gives This Location Access to Tenants Specializing in Quick Last Mile Deliveries (Vans).
Infill Location With Direct Access to Major Thoroughfares – Tx-loop 12, Interstate 35, Interstate 183, Interstate 114, and Spur 482 Which Will Have Direct Connection to Loop 12 in Early 2023. Less Than 7 Miles From Downtown Dallas, 2 Miles From Las Colinas, and 12 Miles From Dfw Airport.
Located Less Than 0.5 Miles From the Largest Material Suppliers in Dfw Metroplex and the Highest Concentration of Concrete Batch Plants in Dfw Creating Thousands of Trucker Pickup Loads Every Day. Examples Include Vulcan Materials, Martin Marietta, Big City Crush Concrete, Big D Ready Mix, Cowtown Ready Mix, Austin Industries, Weir Brothers. Existing Industrial Research Zoning – Allows for the Storage of Heavy Equipment, Fleet Storage, and Vehicle Service Centers – Wide Range of Uses Allowed by Right.
High Concentration of Trucker Supply Pick-ups Creates High Demand for Safe and Secure Parking, Crucial to Their Bottom Line.
Existing 9” Aggregate Crush Concrete Base Designed to Accommodate Heavy Truck/ Trailer Storage.
Total Inventory - 9.4M SF
• 12 Month Absorption - 244K SF
• Vacancy Rate - 5.9%
• Market Rent - $11.43 SF
• Rent Growth Last 12 Months - 3.7%
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