1111 Explorer St, Duncanville, TX
13,440 SF flex building in Southwest Dallas submarket.
- Added:
- Jul 14, 2025
- Days on Market:
- 331
- Last Refresh:
- May 19 at 10:14 pm
Property Features for 1111 Explorer St
General Information
- Standard status
- Active
- Size
- 13,440 SF
- Lot size
- 0.78 Acres
- Property subtype
- FLEX_R_AND_D
Listing agent Bryan Meyer (469) 844-8035
Listing office STRIVE (469) 844-8035
Listing date Jul 14, 2025
Source Moodyscre
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 STRIVE
HighLights
- Strategically located in Southwest Dallas/US 67 submarket with quick access to US 67 and Interstate 20.
- Versatile 13,440 SF flex building with 11,440 SF of warehouse space (85:15 warehouse to office ratio).
- Month‑to‑month tenant provides opportunity for owner‑user or investor to capture market rents.
- Low submarket vacancy of 2.6% indicates limited supply.
- Excellent 16' clear heights allow for versatile flex usages.
- Includes paint booth and hydraulic lifts, suitable for automotive uses.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.1k | $8.12 |
| − Vacancy | −$9.6k | −$0.71 |
| EGI | $99.5k | $7.41 |
| − OpEx | −$14.9k | −$1.11 |
| NOI | $84.6k | $6.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bodega Provisions - The Tamale Co. — 626 S Cedar Ridge Dr, Duncanville, TX 75137
Location Insight
- Map
- Local Demand
- City
- Duncanville
- County
- Dallas
- State
- Texas
- Longitude
- -96.9232
- Latitude
- 32.6405