11152 Morrison LnDallas, TX 75229

For Sale
$312,500

Flex Space, High ROI, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1,250-square-foot flex space industrial condo in Dallas, Texas, presents a lucrative investment opportunity. Located at 11152 Morrison Ln, 75229, this Class B property boasts a 5.60% cap rate and a strong net operating income (NOI) of $17,500, reflecting a 100% occupancy rate. The asking price is $312,500, translating to $250 per square foot. The single-story building, renovated in 2022, features a 12-foot ceiling height, one loading dock, and is zoned IR. The interior layout is ideal for owner-users, including two offices, a small reception area, and a warehouse space accessed via a grade-level overhead door. This net lease investment offers a compelling combination of income generation and functional space, making it an attractive option for both investors and business owners seeking a turnkey solution. The property's prime location in Dallas County ensures easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a high-performing, fully occupied industrial condo in a desirable market. The property is offered for sale by owner.

Highlights

  • 1,250 SF flex space industrial condo in Dallas, TX (75229) at 11152 Morrison Ln.
  • Class B property with a 5.60% cap rate and $17,500 NOI.
  • Asking price: $312,500 ($250/SF); 100% occupancy.
  • Single-story, 2022 renovation, 12' ceilings, one loading dock, IR zoning.
  • Features two offices, reception area, warehouse with grade-level overhead door; ideal for owner-users.

Property Details for 11152 Morrison Ln

Property type
Other industrial properties, Flex space
Square Feet
1,250 SF
Class
B
Year Renovated
2022
Stories
1
Units
1

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8858213
Longitude
-96.8923917
11152 Morrison Ln, Dallas, Texas

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11152 Morrison Ln
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