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3401-3409 Kingsley Rdg W 34,560 SF 84% Leased Flex Building Garland, TX 75041 $5,250,000 ($151.91/SF)
INVESTMENT HIGHLIGHTS
- Significantly Below Submarket Rents
- Verisco Roofing System
- In Demand Facility in a Dense Industrial Corridor
EXECUTIVE SUMMARY
• Significantly Below Submarket Rents – 84.2% occupied with all leases expiring in the next 2 years. 41.7% below market with in-place rents, allowing an investor tremendous upside quickly (SOURCE: COSTAR)
• Directly Next to the Intersection of Jupiter Rd and Lyndon B Johnson Fwy I-635 – Less than a Mile from the Intersection of these major thoroughfares in North Dallas
• In Demand Facility in a Dense Industrial Corridor - Side and Rear Loading Facility with 7 Drive-In Doors, 85 parking spaces, and located in a dense North Dallas location. Surrounded by complimentary and competing tenants including ABC Supply Co, Grainger Industrial Supply, Massimo Motors, Plastipak, Caliber Collision, Sherwin Williams Distribution Center, FedEx Ship Center, Prism Electric, and Kraft Heinz
• Verisco Roofing System Installed in 2014 – Verisco Total Roofing System was installed in December of 2014 and comes with a Warranty until January 2030
PROPERTY FACTS
| Price | $5,250,000 | Rentable Building Area | 34,560 SF |
| Price Per SF | $151.91 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1973 |
| Property Type | Flex | Parking Ratio | 0.87/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Lot Size | 1.92 AC | ||
| Zoning | MI | ||
| Price | $5,250,000 |
| Price Per SF | $151.91 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 1.92 AC |
| Rentable Building Area | 34,560 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 0.87/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | MI |
AMENITIES
- Property Manager on Site
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Services
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Lorem Ipsum
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Jan 0000
We just charge for the Services. The Smiles for your family are for free! Tire Tune and Brake Masters is a Christian, Family owned company Established in 1990. Every customer deserves access to a trusted/reliable auto repair shop with ASE certified Techs here in Garland. Tire Tune and Brake Masters strives to fulfill that role by providing honest and dependable services that get cars back in top condition. Here at Tire Tune and Brake Masters we not only like to pride our-self on our 5 star customer service, we can also take pride on handling any Year-Make-Model Gas or Diesel. Tire Tune and Brake Masters will do more than just fix your immediate automotive issues! Our professional team will also advise you on ways to save time and money in the future (no obligations). Our services are done by a staff that is professional and knowledgeable. Our team is ready and qualified for any challenge your vehicle may offer.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Services | - | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 26424500010020300 | Improvements Assessment | $1,546,860 |
| Land Assessment | $335,240 | Total Assessment | $1,882,100 |
PROPERTY TAXES
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3401-3409 Kingsley Rdg W
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