This Industrial Property is Off-Market.

3000 Kellway Drive
Carrollton, TX 75006 ·

106,052 SF · Industrial For Sale

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Metroplex Technology Center

Price N/A No. Stories 1
Building Size 106,052 SF Tenancy Multiple
Property Type Industrial Year Built 1999
Property Sub-type Flex Space Clear Ceiling Height 18 ft.
Property Use Type Net Lease Investment with 5 years left on lease Parking Ratio 7.08 / 1,000 SF
Cap Rate 8% Features Sprinklers
Occupancy 100%
Listing ID: 15457334 Date Created: 11/28/2007 Last Updated: 09/09/2008

Description

This property contains existing debt, which can be assumed or pre-paid upon sale. Securus Technologies will occupy their space on 7/1/08 and bring the asset to 100% occupancy.

Metroplex Technology Center resides in the Northwest Dallas Flex/R&D sub-market, where it consists of 704 buildings or 19,201,294 square feet. Northwest Dallas significantly expanded this year with nearly one million square feet of positive absorption posted at the mid-year 2007 mark. Current vacancy rates have been down from the first quarter 2007 as existing product continues to reflect positive absoprtion. Located just north of Dallas and Love Field, Metroplex Technology Center is just 14 miles to downtown Dallas, 9 miles to Legacy/Plano/Frisco, 13 miles to Las Colinas/Irving, and 12 miles to Richardson Telecom Corridor.

Highlights

  • National Credit Tenants
  • Close Proximity to Addison Airport

Utilities

  • Sprinklers

Research

3000 Kellway Drive, Carrollton, TX 75006 (Dallas County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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