Property History
The property benefits from a strategic location in close proximity to major arterials, downtown Dallas, Dallas Love Field Airport, and Dallas Fort Worth International Airport within the Dallas within the highly sought-after North Stemmons/Valwood industrial-submarket, which boasts occupancy rates of approximately 97% of its 49 million square feet of industrial space. Industrial properties within this with footprints of less than 150,000 square feet and clear heights between 18-22’, such as the subject property, outperform the Dallas industrial market as a whole.
In addition, property is located in close proximity to other manufacturing tenants, retail centers, and schools. The site is located less than 1 mile from the campuses of Dallas Christian College and Brightwood College Dallas, with approximately 500 students enrolled, and is located approximately 2.5 miles from Brookhaven College, with a student body of more than 12,000. The property is situated approximately 2 miles from Dallas Medical Center, a 119-bed hospital. Major retail tenants in the surrounding area include ALDI, CVS, Walgreens, Sprouts Farmer’s Market, Tom Thumb, Walmart Neighborhood Market, and more.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
- Long Term Net Lease to CounterSource with 8 Years Remaining and Rare Annual Rental Escalations
- Below Market Rent with Corporate Guaranty
- Prominently Situated Within Coveted North Stemmons/Valwood Industrial Submarket - 97% Submarket Occupancy
- Priced Below Replacement Cost
- Approximately 14 Miles from Downtown Dallas
- $1.2 Million In Recent Building Upgrades, Including New 2018 Roof with 20-Year Warranty
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Map
Comparable Properties
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