This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1835 Forms Dr
Carrollton, TX 75006
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 97,530 SQUARE-FOOT INDUSTRIAL WAREHOUSE SITUATED ON 7.69 ACRES - EXCESS LAND FOR FUTURE DEVELOPMENT, OUTSIDE STORAGE, OR TRAILER PARKING
- HIGHLY FUNCTIONAL ASSET FEATURING 20’ CLEAR HEIGHTS, SEVEN DOCK-HIGH DOORS, AND TWO GRADE LEVEL DOORS
- 100% LEASED BY PM STANDLEY MOTORCARS WITH ABSOLUTE TRIPLE NET LEASE IN PLACE, AND 7.5 YEARS REMAINING ON THE PRIMARY TERM
- HIGH TENANT COMMITMENT TO THE LOCATION: RECENTLY SPENT AN EXCESS OF $2MM IN IMPROVEMENTS TO THE PROPERTY
- PROXIMATE TO FIVE MAJOR FREEWAYS AND DALLAS-FORT WORTH INTERNATIONAL AIRPORT WITH A 308,773 POPULATION AND $98,925 AVERAGE HOUSEHOLD INCOME
- PM STANDLEY MOTORCARS IN BUSINESS SINCE 1944 AND IN PLACE AT THE CURRENT LOCATION SINCE 2007
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1964 |
| Building Class | B | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 7.69 AC | Clear Ceiling Height | 22’ |
| Rentable Building Area | 97,530 SF | No. Dock-High Doors/Loading | 9 |
| Zoning | LI, Carrollton - LI | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 7.69 AC |
| Rentable Building Area | 97,530 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 1.03/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 9 |
| Zoning | LI, Carrollton - LI |
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 1835 FORMS DR , CARROLLTON, TX 75006
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1835 Forms Drive in Carrollton, Texas, leased to PM Standley Motorcars. Built in 1964 and remodeled in 2009, the subject property consists of approximately 97,530 square feet of space and is situated on 7.69 acres with excess land for future development, outside storage, or trailer parking. The subject property is a highly functional asset featuring 16’- 20’ clear heights, 100 parking spaces, seven dock-high doors, and two grade-level doors. PM Standley Motorcars occupies 100 percent of the property with an absolute triple-net lease in place and approximately 7.5 years remaining on the primary term. The tenant has a high commitment to the location, after recently spending in excess of $2 million in improvements on the property. The asset is proximate to five major freeways and the Dallas-Fort Worth International Airport, with a 308,773 population and $98,925 average household income within a five-mile radius. Family-owned, PM Standley Motorcars has been in business since 1944 and at the current location since 2007.
PROPERTY TAXES
| Parcel Number | 14096500013BR0000 | Improvements Assessment | $3,591,860 |
| Land Assessment | $783,300 | Total Assessment | $4,375,160 |
PROPERTY TAXES
