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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.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Research & Development
  • Light Industrial Light Distribution
Building Class B
Lot Size 4.09 AC
Rentable Building Area 57,302 SF
Number of Floors 1
Year Built 2005
Parking Ratio 2.9/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 3
Level Access Doors 5

Amenities

  • Signage
  • Shallow Bay
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

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)
  • Listing ID: 33238197

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 989 W Sandy Lake Rd, Coppell, TX 75019

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