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ESFR Dock-Ready Warehouse
For Sale
$22,735,400

1116 N Corinth St, Corinth, TX 76208

Move-in ready distribution facility with ESFR system, rear dock loading, and dedicated truck court capability.

Property Size146,680 SF
Price / SF$155
Days on Market52

Property Features for 1116 N Corinth St

General Information

Standard status Active
Size 146,680 SF
Total Parking Spaces 157
Property subtype Industrial

Warehouse & Industrial

Clear Height 32 ft
Dock-High Doors 22
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Building Details

Year Built 2026
Listing Agency:
Listed By: Adam Graham, SIOR, CCIM
Source: Lee-associates
Added: Jun 9 Changed: Jul 10 Last Checked: Jul 30 at 5:21AM

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 Adam Graham, SIOR, CCIM

Investment Insights

Based on property information with market context.

Move-in ready industrial/distribution property designed for efficient trailer operations, featuring rear-load configuration with front parking. The building offers divisible space with 146,680 total SF available and 49,821 SF potential divisions, plus a 3,310 SF spec office. Warehouse improvements include 32' clear height, 22 dock doors sized (9'x10') with dock upgrades on six doors offering 40,000 lb levelers and shelters, and two (12'x14') drive-in doors. ESFR fire protection is in place, along with white-box warehouse finishes and LED lighting delivering approximately 30 FC on 10' whips. HVAC is HVAC-ready with R25 insulation on the roof.

The site is set up for logistics with front park and a rear truck court concept, including the ability to secure a truck court and a 140' truck court length. Parking totals 157 car spaces, supporting workforce and customer needs on site. Electrical service includes 2,500 amps of 480V 3-phase, with the ability to increase to 5,000 amps.

For buyers or tenants seeking a warehouse that supports higher-volume loading, this facility combines ESFR protection, dock and drive-in access, and a practical yard/truck court arrangement. With a clear-height profile and ready-to-fit warehouse environment, it can accommodate a range of distribution and fulfillment operations, alongside on-site office space for coordination and supervision.

Key Highlights

  • Move‑in ready distribution facility built in 2026 with ESFR sprinkler system
  • 146,680 total SF warehouse divisible to 49,821 SF with 3,310 SF spec office
  • Rear load layout with front park and 140' truck court plus ability to secure a truck court

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 $1.18M $8.04
− Vacancy −$103.8k −$0.71
EGI $1.08M $7.33
− OpEx −$161.3k −$1.10
NOI $914.2k $6.23
146,680 SF · lease $8.04/SF/yr · vacancy 8.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$13.06M
$11.43M – $15.24M (±1% cap)
NOI $914,199 @ 7.0% cap · market cap 4.02%
Second Best
Industrial
$10.76M
$9.41M – $12.55M (±1% cap)
NOI $752,870 @ 7.0% cap · market cap 3.31%
Theoretical Best
Multifamily LT 5
$2,051.24M
$1,794.83M – $2,393.11M (±1% cap)
NOI $143,586,482 @ 7.0% cap · market cap 631.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service Nail Salon HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32 ft
Clear height
22
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76208, TX

27,084
Population
9,440
Households
2.9
Avg Household Size
35
Median Age
35%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
988
Density / Sq Mi
$90,833
Median Household Income
$46,843
Median Earnings
$1,591
Median Rent
$358,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • RecNation RV & Boat Storage — 2750 W Shady Shores Rd, Corinth, TX 76208

Frequently Asked Questions

What type of property is this?
Warehouse - Move-in ready distribution facility with ESFR system, rear dock loading, and dedicated truck court capability.
Where is this warehouse located?
The property is located at 1116 N Corinth St Corinth, TX.
What is the asking price?
The asking price for this property is $22,735,400.
What are key features of this property?
This property features: Move‑in ready distribution facility built in 2026 with ESFR sprinkler system; 146,680 total SF warehouse divisible to 49,821 SF with 3,310 SF spec office; Rear load layout with front park and 140' truck court plus ability to secure a truck court
More about this property
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