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401 W Simonds Rd
Seagoville, TX 75159 Greater Mesquite

$1,255,000 USD

Warehouse For Sale  •  5,180 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 5,180 SF
  • Lot Size 2 AC
  • Building Class C
  • Year Built 2000
  • Tenancy Single
  • Zoning Industrial
0 Transit Score
30 Walk Score

Highlights

Stabilized Triple Net (NNN) Investment Generating $81,600 Annual NOI at a 6.5% In-Place Cap Rate
Long-Term (5)-Year Lease with 3% Annual Rental Escalations
Current Tenant Operates a Towing, Vehicle Storage, Repossession, Fleet Management & Dispatch Business
Prime Location Less Than One Minute from Highway 175 with Excellent Access to the DFW Metroplex
Industrial Outdoor Storage featuring 1.984 acres of fully fenced and secure industrial-zoned land.
High-Demand Low-Vacancy Industrial Outdoor Storage (IOS) Asset Class with Limited Supply Throughout DFW

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 32 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Karam Khalil 817-881-2662 Khalil Real Estate
Karam Khalil 817-881-2662 Khalil Real Estate