1000 Airport RdTerrell, TX 75160

For Sale
$5,290,000

High-yield multi-tenant manufacturing/warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional industrial investment opportunity is located at 1000 Airport Rd, Terrell, TX 75160, in Kaufman County, one of the fastest-growing counties in North Texas. The property boasts a total of 66,219 square feet, spread across a 3.5-acre lot, and features a mix of manufacturing and warehouse space. Currently operating at 100% occupancy with two tenants under a NNN lease structure, this stabilized investment offers a strong 7.10% cap rate and a substantial net operating income (NOI) of $379,830. The asking price is $5,290,000, translating to $80 per square foot. Built between 1967 and 2007, the property underwent renovations in 2023, resulting in updated features including new offices, a break area, restrooms, and warehouse lighting. The facility is fully sprinklered and equipped with heavy power. Ceiling heights range from 12 to 35 feet, catering to diverse operational needs. The property is zoned for industrial use. This is a rare opportunity to acquire a high-performing, multi-tenant industrial asset in a rapidly expanding market. The property's strong cash flow and modern amenities make it an attractive investment for discerning buyers.

Highlights

  • $5,290,000 asking price for a stabilized industrial investment property.
  • 66,219 square feet, multi-tenant (2 tenants), 100% occupancy.
  • $80/SF price, 7.10% cap rate, $379,830 NOI.
  • Located at 1000 Airport Rd, Terrell, TX 75160, on a 3.5-acre lot.
  • Manufacturing/warehouse property, built 1967-2007, renovated 2023, with 12-35' ceiling heights. NNN lease.

Property Details for 1000 Airport Rd

Property type
Other warehouses, Other industrial properties
Square Feet
66,219 SF
Year Built/Renovated
1967/2023
Lot Size (sq. ft)
152,460 SF

Location Insight

City
Terrell
County
Kaufman
State
Texas
Latitude
32.7191073
Longitude
-96.2698566
1000 Airport Rd, Terrell, Texas

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1000 Airport Rd
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