Sandy Lake Business Center | 989 W Sandy Lake Rd
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Sandy Lake Business Center 989 W Sandy Lake Rd
57,302 SF 100% Leased Industrial Building Coppell, TX 75019 For Sale
Investment Highlights
- 57,302 SF Shallow-Bay Flex/Industrial Property with 18' Clear Height
- In Place Rents +/- 40%+ Below Market
- Building is +/- 80% HVAC
- 100% Leased, on a NNN basis, with near-term upside
- Excellent Location in one of DFW's most sought-after submarkets
Executive Summary
Bradford Commercial Real Estate Services, Inc. is pleased to offer qualified buyers the opportunity to acquire Sandy Lake Business Center (Property), a multi-tenant, shallow-bay flex/light industrial building, located within the highly sought-after submarket in the Dallas-area community of Coppell, Texas.
Built in 2005, the Property totals 57,302 square feet, situated on a 4.09 acre site, and is fully sprinklered with 18-foot clear heigh. With immediate access to State Highways 121 and 114, along with LBJ Freeway (Interstate 635), Sandy Lake Business Center is less than a 10-minute drive from DFW International Airport.
Currently 100% leased, on a NNN basis, to five (5) tenants, Sandy Lake Business Center presents a compelling opportunity as a historically stable asset with tremendous upside through mark-to-market rent increases. Alternatively, with the largest existing lease (22,881 RSF) set to expire in July 2025 and in-place income, the Property is also well-suited for an owner/user seeking to take control of their real estate and reduce overall occupancy costs.
Built in 2005, the Property totals 57,302 square feet, situated on a 4.09 acre site, and is fully sprinklered with 18-foot clear heigh. With immediate access to State Highways 121 and 114, along with LBJ Freeway (Interstate 635), Sandy Lake Business Center is less than a 10-minute drive from DFW International Airport.
Currently 100% leased, on a NNN basis, to five (5) tenants, Sandy Lake Business Center presents a compelling opportunity as a historically stable asset with tremendous upside through mark-to-market rent increases. Alternatively, with the largest existing lease (22,881 RSF) set to expire in July 2025 and in-place income, the Property is also well-suited for an owner/user seeking to take control of their real estate and reduce overall occupancy costs.
Property Facts
Amenities
- Signage
- Shallow Bay
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
Parcel Number | 180018000002R0000 | Improvements Assessment | £3,941,526 |
Land Assessment | £845,524 | Total Assessment | £4,787,050 |
PROPERTY TAXES
Parcel Number
180018000002R0000
Land Assessment
£845,524
Improvements Assessment
£3,941,526
Total Assessment
£4,787,050
zoning
Zoning Code | LI (Light Industrial) |
LI (Light Industrial) |
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Sandy Lake Business Center | 989 W Sandy Lake Rd
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