Freeport Sterling Center
Industrial | 50,200 SqFt
Marketing description
Marcus & Millichap is pleased to present a Light industrial and commercial zoning asset at 8605 Freeport Parkway, currently a Class B+ office in Irving, Texas. This well-maintained asset with almost no deferred maintenance offers an exceptional opportunity for industrial use, owner-user or investor. It benefits from institutional-level upkeep with minimal deferred maintenance. 8605 Freeport is strategically positioned on Freeport Parkway in DFW and just minutes from DFW Airport. North on Freeport will provide easy access to LBJ Freeway and South will provide easy access to Highway 114. This asset is priced substantially below replacement cost. With 4.6 acres and a great 5.6 1,000 parking ratio, the asset ensures ample convenience for tenants and visitors or industrial re-development. Additionally, no new office developments are planned in the foreseeable future, enhancing long-term stability and demand. Paychex North America Inc. 25,100sf of space with an existing diesel generator, battery back-up and furniture is available for almost immediate occupancy. Their Lease expires February 2027 and they announced they will vacate their space at end of their lease. They are scheduled to pay approximately $407,875 per lease from February 2026 thru February 2027. 8605 Freeport has Irving, Texas FWY (Freeway) zoning district, a commercial and light industrial zone. Properties with FWY Zoning can be used for several different types of businesses and facilities. URL for allowable uses https://ecode360.com/45756076 and NonResidential Land Use Table - https://ecode360.com/45755802. Permitted uses include: • Warehouses • Experimental laboratories • Office buildings (some manufacturing types) • Professional offices
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