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901 E Mcdonald Dr

16,285 SF 100% Leased Industrial Building Pilot Point, TX 76258 £1,564,899 (£96/SF)

Investment Highlights

  • Easy Access to Rte 377

Executive Summary

Nestled in the rapidly expanding area of Pilot Point, this premier industrial property stands out as one of the select few zones permitted for manufacturing activities. It is equipped with a robust 3-phase electric system designed to support high-demand operations and is strategically zoned for industrial use, catering specifically to the needs of manufacturing enterprises.
The property ensures seamless logistics with its ample parking space tailored for both trucks and trailers, and its location offers unmatched ease of access, being conveniently situated off Highway 377 for straightforward entry and exit.
At the core of the facility are two meticulously planned offices, aimed at optimizing efficiency and productivity. The reception area, adorned with a sophisticated granite countertop, establishes a tone of professionalism. This is complemented by a dedicated graphic space, engineered to inspire creativity and forward-thinking.
A practical laundry area and an extra-large workspace designed to support a broad spectrum of projects, from detailed graphic work to extensive building tasks, highlight the property's versatility. Additionally, a unique creative space is included, intended to nurture collaborative projects and innovation.
This property is not merely a workspace but a beacon for industrial growth within the fast-evolving landscape of Pilot Point, making it an exceptional opportunity for manufacturing entities looking for a location that supports ambitious growth and operational excellence.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £49,529 £3.04
Other Income - -
Vacancy Loss - -
Effective Gross Income £49,529 £3.04
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £49,529
Annual Per SF £3.04
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £49,529
Annual Per SF £3.04
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £1,564,899
Price Per SF £96
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 0.99 AC
Rentable Building Area 16,285 SF
Number of Floors 2
Year Built 1985
Parking Ratio 0.49/1,000 SF
Clear Ceiling Height 16 ft
Level Access Doors 3

Amenities

  • 24 Hour Access
  • Yard
  • Reception

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - Septic Field
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • North Texas Hardwood and Millwork Co
  • Transportation and Warehousing
  • 6,300 SF
  • £146.32
  • Industrial Gross
  • May 2024
  • Pace
  • -
  • 2,000 SF
  • £52.16
  • Industrial Gross
  • May 2025
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
North Texas Hardwood and Millwork Co Transportation and Warehousing 6,300 SF £146.32 Industrial Gross May 2024
Pace - 2,000 SF £52.16 Industrial Gross May 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R111855
Land Assessment
£84,814 (2023)
Improvements Assessment
£306,411 (2023)
Total Assessment
£391,225 (2023)

zoning

Zoning Code Industrial (Industrial -1)
Industrial (Industrial -1)
  • Listing ID: 33662414

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 901 E Mcdonald Dr, Pilot Point, TX 76258

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