Property History
Northmarq, on behalf of Ownership, is pleased to offer for sale the Fee Simple ownership interest in the truck parking/industrial outdoor storage facility located at 1323 Brookside Dr, Glenn Heights, TX (the “Property”). The Property comprises 12,000 square feet of buildings, including an 8,000 square foot multi-bay service building. The gravel parking surface is of sufficient quality for use by Class 8 heavy duty tractors, and is fully fenced with an access gate.
The Property is well positioned on Interstate 35 just 5 miles south of the interchange with Interstate 20 and 1 mile north of the proposed Loop 9, Southeast Project. Both interstate sections are designated freight and hazardous cargo routes. Loop 9 will ultimately connect Interstates 35 and 45. The proposed project would be constructed as two three-lane frontage roads with a median reserved for future roadway improvements. The Property is located within 6 miles of 104 industrial properties larger than 100K SF and 40.4M SF total industrial inventory.
Absolute NNN Lease | Limiting landlord responsibilities
Exceptional Rent Increases | 9% annual increases
Tenant Improvements | The Property features stabilized gravel surfaces suitable for heavy duty tractors and trailers, fencing, surveillance systems, two buildings and an access gate
Dallas, TX MSA | The Location serves the economic powerhouse Dallas-Fort Worth metroplex
Strategic Location | The Property is well positioned on Interstate 35 just 5 miles south of the interchange with Interstate 20 and 1 mile north of the proposed Loop 9, Southeast Project. The I-35 corridor is home to more than 97,000 freight-intensive businesses, with this section moving over 137M freight tons annually
Income Tax-Free State | No state income taxes
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