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870 Dividend Rd
Midlothian, TX 76065
Industrial Property For Sale
Executive Summary
4-Year modified gross lease backed by private equity, offering immediate stable income with 3% annual increases.
Landlord is only responsible for property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
Minutes from US67 and HWY287, with strong connectivity across the DFW industrial corridor.r property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
In-place tenant with 10-year operating history ensures continuity and reduced vacancy risk.
Midlothian is a rapidly expanding industrial hub within Elliss County, benefiting from strong population growth and industrial demand driven by the DFW market.
Landlord is only responsible for property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
Minutes from US67 and HWY287, with strong connectivity across the DFW industrial corridor.r property taxes, insurance, and major building/HVAC repairs. The tenant covers operating expenses.
In-place tenant with 10-year operating history ensures continuity and reduced vacancy risk.
Midlothian is a rapidly expanding industrial hub within Elliss County, benefiting from strong population growth and industrial demand driven by the DFW market.
Property Facts
| Sale Type | Investment | Rentable Building Area | 23,900 SF |
| Cap Rate | 7.83% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2013 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 2.00 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | None - NA | ||
| Sale Type | Investment |
| Cap Rate | 7.83% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.00 AC |
| Rentable Building Area | 23,900 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Tenancy | Single |
| Parking Ratio | 1.26/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | None - NA |
Property Taxes
| Parcel Number | 257496 | Improvements Assessment | $2,307,413 |
| Land Assessment | $266,587 | Total Assessment | $2,574,000 |
Property Taxes
Parcel Number
257496
Land Assessment
$266,587
Improvements Assessment
$2,307,413
Total Assessment
$2,574,000
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