1010 Profit DrGarland, TX 75040

For Sale
$500,000

Flex Warehouse, Investment Opportunity, High-Demand Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This 5,100 square foot flex warehouse in Garland, Texas, presents a compelling investment opportunity. Located at 1010 Profit Dr, 75040, in Dallas County, this single-tenant property is currently leased at a below-market rate, offering significant value-add potential. The lease expires November 1st, 2024, providing a short-term opportunity to increase rental income. The property boasts a prime location within a dense industrial area of Garland, ensuring excellent accessibility and visibility. The versatile space is well-maintained, with recent interior and exterior repairs completed by both the landlord and tenant. The asking price is $500,000, translating to $98 per square foot. The gross lease structure simplifies management, and the flexible layout allows for various uses, including potential subdivision. This property is ideal for investors seeking a strong return on investment in a thriving Texas market. The property's location in Garland offers easy access to major transportation routes, enhancing its appeal to a wide range of potential tenants. Don't miss this chance to acquire a well-located, income-producing asset with significant upside.

Highlights

  • Investment opportunity: Below-market lease with short-term (November 1, 2024 expiration) provides significant value-add potential.
  • Prime Garland location: Excellent accessibility and visibility in a dense industrial area.
  • Versatile space: 5,100 SF flex warehouse, subdividable for multiple uses.
  • Well-maintained property: Recent interior and exterior repairs completed by both landlord and tenant.

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.9205241
Longitude
-96.6291556
1010 Profit Dr, Garland, Texas

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1010 Profit Dr
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