Warehouse/Manufacturing Investment Property and Land Development for Sale


October 29, 2013 Facebook Twitter LinkedIn Google+ Industrial,Land


Industrial Property For Sale

Price: Negotiable
Building Size: 107,500 SF
Lot Size: 12.319 ACRES
Property Type: Industrial
Property Sub-type: Warehouse
Additional Sub-types: Flex Space, Manufacturing, Distribution Warehouse
Property Use Type: Net Lease Investment with 2 years left on lease
Commission Split: 2%
Occupancy: 100%
No. Stories: 2
Tenancy: Multiple
Year Built: 2006
Clear Ceiling Height: 30 ft.
Dock-High Doors/Loading: 6
Drive In/Grade-Level Doors: 20

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power

Highlights

  • Metal Construction with Structural Steel Interior Frame
  • 19 – 10’x10′ Grade Level, 6 – 8’x8′ Dock-High, & 1 – 22’x18′ Grade Level Loading
  • ~5% of Subject Property is Office Space
  • 51% AC with Seven 20 ton units
  • 12.319 Acre Land Area; 5.11:1.0 Land to Building Ratio (~20% Lot Coverage); Piped Utilities throughout; Frontage on FM 1641 to Develop/Expand
  • Concrete Paved Drives, Parking, Truck Court, Security Fence & Gate

Description

100,000 + SF manufacturing facility with ~5,000 SF of office space located in a growing area of northeastern Kaufman County. Site is perfect as-is for manufacturing/distribution and is utility ready for additional expansion . Currently 100% occupied with 2 tenants however current building can be subdivided into 4 spaces. Facility was built in 2006 and has been kept in pristine condition with essentially zero deferred maintenance. Building has top of the line air compressor system run throughout and 51% is under HVAC. Foundation is a very heavy duty honeycomb design.

High industrial lease demand in the area. Location is within a grandfathered historic region which has tax and regulation benefits.Short Distance from Dallas and has easy and direct highway access. Forney is located in the northwest portion of Kaufman County and is just twenty minutes east of downtown Dallas along U.S. Highway 80 (old Interstate 20). Its proximity to the Interstate 635 (LBJ), combined with the location of U.S. Highway 80 on the northern side of the city, and Interstate Highways 20 on the southern site of the city, allows convenient access to the Metroplex and to East Texas.

Financial Summary

  • Proforma Year: 2015 (2 year lease back)
  • $544,000
  • $76,000
  • $468,000
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