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33291390
33291373

17332 Gaffield Road, Justin, TX 76247

EXP Realty Texas
Listed by EXP Realty Texas
$4,850,000
10 days on market
Updated 9 days ago

17332 Gaffield Road

Details
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 36,000
Tenancy Vacant
Lease Type NNN
Year Built 2026
Buildings 6
Acreage 2.340
Zoning Industrial
Ground Lease No

Your Next Investment Opportunity- Mini Industrial Park

Marketing description

Six newly built industrial buildings — approximately 6,000 SF each, divisible to 1,500 SF suites — offered for sale at $4,850,000 and now leasing. Located in Justin (Denton County), minutes from the FM 156 / Alliance industrial corridor and surrounded by major distribution and logistics hubs.

Investment highlights

  • 8.91% pro forma cap rate / 8.19% adjusted (5% vacancy + 3% management reserve)
  • $432,000 projected annual base rent at full occupancy; $397,440 adjusted NOI
  • Strong submarket fundamentals — Justin population up ~34% since 2020, median household income $114,157
  • Brand new steel construction with clear-span interiors ready for tenant finish-out
  • Overhead bay doors, concrete drive aprons, ample yard space
  • Excellent visibility and access along the growing FM 156 corridor

Listing Contacts

EXP Realty Texas
Listed by EXP Realty Texas

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