Property History
57,302 SF flex property with 18’ clear heigh and dock/grade loading capabilities
2005 Construction, 80% HVAC
100% Leased, on a NNN basis, with near-term upside
In-place rents 40%+ below market | Current NOI $432K+ | Pro-Forma NOI $900K+
3.8 Year WALT
Excellent location in one of DFW’s most sought-after submarkets
Bradford Commercial Real Estate Services, Inc. is pleased to offer qualified buyers the opportunity to acquire Sandy Lake Business Center (Property), a multi-tenant, shallow-bay flex/light industrial building, located within the highly sought-after submarket in the Dallas-area community of Coppell, Texas.
Built in 2005, the Property totals 57,302 square feet, situated on a 4.09 acre site, and is fully sprinklered with 18-foot clear heigh. With immediate access to State Highways 121 and 114, along with LBJ Freeway (Interstate 635), Sandy Lake Business Center is less than a 10-minute drive from DFW International Airport.
Currently 100% leased, on a NNN basis, to five (5) tenants, Sandy Lake Business Center presents a compelling opportunity as a historically stable asset with tremendous upside through mark-to-market rent increases. Alternatively, with the largest existing lease (22,881 RSF) set to expire in June 202 and in-place income, the Property is also well-suited for an owner/user seeking to take control of their real estate and reduce overall occupancy costs.
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