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11448 Reeder Rd 10,000 SF 68% Leased Flex Building Dallas, TX 75229 $3,499,000 ($349.90/SF) 8.92% Cap Rate



EXECUTIVE SUMMARY
Includes a 3,500 Square Foot Office Building in the front of the lot, and a 6,500 SF Warehouse building in the back of the lot. There is also a 90 car parking lot FRONT AND BACK. Recently added bathroom as well.
At full occupancy, the asset is expected to yield a cap rate of approximately 8%.
At full occupancy, the asset is expected to yield a cap rate of approximately 8%.
PROPERTY FACTS
| Price | $3,499,000 | Lot Size | 1.07 AC |
| Price Per SF | $349.90 | Rentable Building Area | 10,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 8.92% | Year Built/Renovated | 1966/2025 |
| Property Type | Flex | Parking Ratio | 9.4/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 10’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Commercial - IR - Industrial Research District | ||
| Price | $3,499,000 |
| Price Per SF | $349.90 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.92% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 1.07 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1966/2025 |
| Parking Ratio | 9.4/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Commercial - IR - Industrial Research District |
AMENITIES
- Fenced Lot
- Security System
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The 6,500 SF Warehouse building, and 10 Parking Spaces in the back lot are available For Lease. For parking lot (42 spaces) and warehouse, $14,000. Can add in additional power if needed in the warehouse. Property has recently been renovated.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,200 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 3,200 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,200 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
The 6,500 SF Warehouse building, and 10 Parking Spaces in the back lot are available For Lease. For parking lot (42 spaces) and warehouse, $14,000. Can add in additional power if needed in the warehouse. Property has recently been renovated.
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PROPERTY TAXES
| Parcel Number | 00000604684000000 | Improvements Assessment | $382,000 |
| Land Assessment | $468,000 | Total Assessment | $850,000 |
PROPERTY TAXES
Parcel Number
00000604684000000
Land Assessment
$468,000
Improvements Assessment
$382,000
Total Assessment
$850,000
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Contact the Sale Advisor
11448 Reeder Rd
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