Plano Warehouse with
For Sale
$11,808,810
1100 Klein Rd, Plano, TX 75074
60,558 SF warehouse space with office and HVAC.
Property Size104,104 SF
Price / SF$113.43
Days on Market354
Property Features for 1100 Klein Rd
General Information
Standard status
Active
Size
104,104 SF
Class
B
Property subtype
Industrial
Building Details
Building Size
104,104 SF
Year Built
2000
Listing Agency:
(214) 669-1717
Listed By:
Brett Lewis, SIOR
(214) 669-1717
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 22
Last Checked: Aug 29 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brett Lewis, SIOR
Investment Insights
Based on property information with market context.
The property is a 60,558 square foot warehouse, formerly a food grade facility, featuring approximately 8,500 square feet of office space. The building is equipped with four dock doors, expandable to six, and a sprinkler system. It offers 100% HVAC coverage and a parking ratio of 2.9 per 1,000 square feet. The property has approximately 1200 amps of 480 V power. It has a 24-foot clear height. The property will be available starting July 1, 2024.
Key Highlights
- 60,558 SF Available: Offers substantial space.
- Former Food Grade Facility: Ready for food‑related businesses.
- 100% HVAC: Provides climate control throughout the entire facility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$821,402
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,428,040
$16.4M
Cap Rate 7%
$11,734,314
$11.7M
Cap Rate 9%
$9,126,689
$9.1M
Market Conditions
NOI Build-Up for 104,104 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.01M $9.72/SF
− Vacancy
−$45.5K −$0.44/SF
EGI
$966.4K $9.28/SF
− OpEx
−$145.0K −$1.39/SF
NOI
$821.4K $7.89/SF
Area
Plano, TX
Vacancy
4.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,428,040
Cap Rate 7%
$11,734,314
Cap Rate 9%
$9,126,689
Alternative Uses
Best Use
Warehouse
$11.73M
$10.27M – $13.69M
NOI $821,402 @ 7.0% cap · market cap 6.96%
Second Best
Industrial
$9.66M
$8.46M – $11.27M
NOI $676,449 @ 7.0% cap · market cap 5.73%
Theoretical Best
Multifamily LT 5
$23.98M
$20.98M – $27.97M
NOI $1,678,382 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75074, TX
53,003
Population
19,362
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
85%
High-School Grad
16.0 sq mi
ZIP Area
3,313
Density / Sq Mi
$84,185
Median Household Income
$42,523
Median Earnings
$1,678
Median Rent
$347,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 60,558 SF warehouse space with office and HVAC.
Where is this warehouse located?
The property is located at 1100 Klein Rd Plano, TX.
What is the asking price?
The asking price for this property is $11,808,810.
What are key features of this property?
This property features: 60,558 SF Available: Offers substantial space.; Former Food Grade Facility: Ready for food‑related businesses.; 100% HVAC: Provides climate control throughout the entire facility.
