202 S Railroad St | Lewisville, TX 75057
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- LoopNet Team
202 S Railroad St
Lewisville, TX 75057
Andes Coil Processors · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Over Seven Years Remaining on a Triple-Net Lease with Two 3-Year Renewal Options and Aggregated CPI Increases Occurring Every 3 Years
- Metal Construction Asset Composed of Seven Drive-In Doors, 25’-35’ Clear Height and Over Five Acres of Outside Storage Area
- Tough Barrier to Entry Industrial Submarket: 4.7% Overall Vacancy and 3.6% Annual Rent Growth
- Tenant Has Occupied 98 Percent of the Site Since 1983 Demonstrating Strong Commitment to the Rail Serviced Location
- Subject Property is Proximate to Old Town Station (A-Town Commuter Rail), Interstate 35 and Highway 121
- 2,400 Square Feet of Vacant Space Providing Opportunity to Increase Value by Expanding Current Tenant or New Tenant
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1983 |
| Building Class | C | Tenancy | Single |
| Lot Size | 7.62 AC | Clear Ceiling Height | 35’ |
| Rentable Building Area | 110,400 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Light Industrial (LI) | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 7.62 AC |
| Rentable Building Area | 110,400 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Tenancy | Single |
| Clear Ceiling Height | 35’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Light Industrial (LI) |
PROPERTY TAXES
| Parcel Number | R205813 | Improvements Assessment | $1,445,074 |
| Land Assessment | $1,999,926 | Total Assessment | $3,445,000 |
PROPERTY TAXES
Parcel Number
R205813
Land Assessment
$1,999,926
Improvements Assessment
$1,445,074
Total Assessment
$3,445,000
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