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1624 W Walnut Hill Ln
Irving, TX 75038
Solaris Technologies · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 1.48 AC | Clear Ceiling Height | 18’ |
| Rentable Building Area | 20,864 SF | No. Dock-High Doors/Loading | 3 |
| No. Stories | 1 | ||
| Zoning | Z243 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.48 AC |
| Rentable Building Area | 20,864 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | Z243 |
AMENITIES
- Skylights
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 1624 W WALNUT HILL LN , IRVING, TX 75038
Solaris Technologies' 20,864-square foot facility is situated on 1.48 acres of land. Solaris will be exercising a 10-year, absolute triple-net, sale/leaseback, to commence upon closing. This asset is a rare commodity to find in the Irving market, with a 7.50 percent unleveraged return day one. The leaseback will also feature 2 percent annual increases, which are designed to hedge against inflation. The property consists of about 50 percent office space, seven total HVAC units, a fully heated and air conditioned warehouse, a fully sprinkled warehouse, and a new roof layer installed in 2013. Solaris Technologies is located in Las Colinas, an upscale, developed area in the Dallas suburb of Irving, Texas. Due to its central location between Dallas and Fort Worth, and its proximity to both the Dallas/Fort Worth International Airport and Love Field Airport, Las Colinas has been a viable place in the Metroplex for corporate and business relocations. As a planned community, it has many corporate offices, luxury hotels, landmark office towers, luxury townhomes, distinguished single-family homes,private country clubs, gated enclaves and urban lofts.
PROPERTY TAXES
| Parcel Number | 32258280000030000 | Improvements Assessment | $376,900 |
| Land Assessment | $838,100 | Total Assessment | $1,215,000 |
PROPERTY TAXES
