Listed by SVN | Trinity Advisors
Unpriced
Deep Value-Add Industrial2457 NW Dallas St
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 20,400
Net Rentable (SqFt) 20,400
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Expiration 10/31/2006
Class B
Year Built 1978
Acreage 1.840
Zoning Light Industrial
Investment Type Value Add
Ground Lease No
Ceiling Height 17
Loading Docks 8
Dock High Doors 8
20,400 SqFt
Marketing description
This offering presents a 20,400 SF multi-tenant small-bay industrial asset on 1.84 acres in Grand Prairie, Texas. The property features a mix of grade-level and dock-high loading with 16'-17' clear height, supporting broad tenant demand across light industrial and service users. Its efficient layout and central DFW location position the asset to capitalize on sustained demand for small-bay industrial product, while also providing a compelling mark-to-market and repositioning opportunity, with three of the four leases expiring in October and the remaining lease expiring in December, allowing new ownership to secure new tenancy and drive continued income growth in the near term.
Investment highlights
- Deep Value-Add Industrial | $3.83/SF In-Place Rents | ~67% Below Market | NOI Upside
- Well-located within the established Lower Great Southwest Industrial District, offering seamless access to major highways
- Potential to increase gross income to more than $214,000 annually and NOI to approximately $180,000-$190,000 upon achieving market rents
- Current gross income is approximately $78,200 with a current NOI of about $21,000, offering strong upside potential
- Occupancy is 100%, providing immediate income stability while pursuing future repositioning strategies
- Rents are approximately 67% below current market rates, underscoring the strong value-add component of this investment
Listing Contacts
Listed by SVN | Trinity Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$21,000.00
$1,750.00/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Address
Is there information that looks off?
