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1000-1004 Airport Rd

66,219 SF 100% Leased Industrial Building Terrell, TX 75160 £4,143,657 (£63/SF) 7% Net Initial Yield

Investment Highlights

  • 100% leased, NNN leases, long term tenants, heavy power, local owner, fenced outside storage, Dock high and grade level loading. Close to Interstate

Executive Summary

100% Leased/ NNN Leases / Two tenants. New offices, break room and restrooms. Heavy Power / 4,000 AMPS /3 Phase. 2 Dual truck wells. Fully sprinklered. Fenced outside storage. Local ownership. Long term tenants. In place 7 CAP.

Attachments

1000-1004 Airport Rd_9.10.24

Property Facts

Price £4,143,657 Rentable Building Area 66,219 SF
Price Per SF £63 Number of Floors 1
Sale Type Investment Year Built 1967
Net Initial Yield 7% Clear Ceiling Height 18 ft
Property Type Industrial No. Dock-High Doors/Loading 4
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
 Level Access Doors 4
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 3.50 AC
Price £4,143,657
Price Per SF £63
Sale Type Investment
Net Initial Yield 7%
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 3.50 AC
Rentable Building Area 66,219 SF
Number of Floors 1
Year Built 1967
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 4
Level Access Doors 4
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Fenced Lot
  • Floor Drains
  • Front Loading

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 18198
  • 41681
 Improvements Assessment £1,553,109
Land Assessment £146,531 Total Assessment £1,699,640

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18198
  • 41681
Land Assessment
£146,531
Improvements Assessment
£1,553,109
Total Assessment
£1,699,640

zoning

Zoning Code Industrial (Zoning allows for distribution, manufacturing, light manufacturing and showroom)
Industrial (Zoning allows for distribution, manufacturing, light manufacturing and showroom)
(214) 683-3365

Contacts

  • Listing ID: 33140931

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 1000-1004 Airport Rd, Terrell, TX 75160

The Industrial Property at 1000-1004 Airport Rd, Terrell, TX 75160 is currently available for sale. Contact TIG Real Estate Services, Inc. for more information.

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© 2024 CoStar Group

1000-1004 Airport Rd
(214) 683-3365 x

1000-1004 Airport Rd

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Matt Spellman

(214) 683-3365

(214) 683-3365

Matthew Hickey

(214) 213-0636

(214) 213-0636

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