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1323 BROOKSIDE DR Glenn Heights TX 75154-8404

[Locked] • APN 60-24850-002-011-0000

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Details
Property Type Industrial
Sub Type Warehouse
Building SqFt 11,000
Lot SqFt 262,500
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code Z31
Year Built 1984
Building Count 3
Opportunity Zone Yes
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Industrial
Marketing Description

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.

Investment Highlights
  • 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

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
CA
Chris Adams PRO
•••.•••.5538
••dams@•••••••••••••••.com
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