17540 Matany Rd
Justin, TX 76247 Denton

$6,000,000 USD

Distribution For Sale • 36,000 SF

Property Details

Property Type Distribution
Total Building Size 36,000 SF
Lot Size 2.3 AC
Building Class B
Year Built 2023
Tenancy Multiple
Zoning Commercial

0 Transit Score

2 Walk Score

                
                    Highlights
                
                                36,000-square-foot, newly constructed, multi-tenant flex/industrial park completed in 2023, with 11 functional suites ranging from 2,000-6,000 SF.
                            
                                Pro forma cap rate of 8.78% is projected for the fifth year, based on stabilized occupancy and projected market rents.
                            
                                96,410 households within a 10-mile radius with an average income of $141,910, generating $4.1 billion in annual consumer spending.  
                            
                                Located in a high-growth corridor with over 4,000 new rooftops planned in the next four years as Justin City’s attractiveness climbs.  
                            
                                Strategically located on FM 156 with immediate access to SH 114 and Interstate 35W, and just a 3-mile drive from Texas Motor Speedway.