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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

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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%.

PROPERTY FACTS

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
  • 1st Floor
  • 3,200 SF
  • Industrial
  • Full Build-Out
  • 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.

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

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000604684000000
Land Assessment
$468,000
Improvements Assessment
$382,000
Total Assessment
$850,000
  • Listing ID: 27819304

  • Date on Market: 2/23/2023

  • Last Updated:

  • Address: 11448 Reeder Rd, Dallas, TX 75229

Contact the Sale Advisor

11448 Reeder Rd

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