Listed by Flex Parks USA LLC
$4,500,000
TX Ace Heating & Air
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 23,900
Cap Rate 7.83%
NOI $352,536
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 4
Lease Expiration 08/31/2029
Remaining Term 3.1
Rent Bumps Yes
Price per SqFt $188
Class B
Year Built 2013
Buildings 4
Stories 1
Acreage 2.000
Investment Type Stabilized
Lease Commencement 08/19/2025
Ceiling Height 18
Ownership Fee Simple
Industrial | 7.83% CAP | 23,900 SqFt
Investment highlights
4-Year modified gross lease backed by private equity, offering immediate stable income with 3% annual increases.
Landlord is only responsible for property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
Minutes from US67 and HWY287, with strong connectivity across the DFW industrial corridor.r property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
In-place tenant with 10-year operating history ensures continuity and reduced vacancy risk.
Midlothian is a rapidly expanding industrial hub within Elliss County, benefiting from strong population growth and industrial demand driven by the DFW market.
Listing Contacts
Listed by Flex Parks USA LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$352,536.00
$29,378.00/mo
Valuation Metrics
0
DSCR
7.83%
Cap Rate
7.83%
ROI
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