Garland Industrial Site For
For Sale
Contact for pricing
3350 Marquis Dr, Garland, TX
Industrial site featuring four buildings totaling 362,065 square feet.
Property Size362,065 SF
Lot Size18.74 Acres
Price / SF$69.05
Days on Market614
Property Features for 3350 Marquis Dr
General Information
Standard status
Active
Size
362,065 SF
Lot size
18.74 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Robert Lynn-Dallas
(214) 256-7100
Listed By:
Stephen Cooper · License #TX 462701
(214) 256-7160
Source:
Moodyscre
Added: Feb 25, 2025
Changed: Oct 25
Last Checked: Oct 30 at 6:24PM
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 NAI Robert Lynn-Dallas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial site in Garland, Texas, includes four buildings totaling 362,065 square feet. Situated on 18.74 acres, the property is suitable for warehousing and light manufacturing. The site is fully fenced and secured with a guard shack.
Key Highlights
- Four buildings totaling 362,065 SF
- Situated on 18.74 acres
- Fully fenced & secured with guard shack
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,284,507
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,690,140
$45.7M
Cap Rate 7%
$32,635,814
$32.6M
Cap Rate 9%
$25,383,411
$25.4M
Market Conditions
NOI Build-Up for 362,065 SF
Gross rent
$3.61M $9.96/SF
− Vacancy
−$342.6K −$0.95/SF
EGI
$3.26M $9.01/SF
− OpEx
−$979.1K −$2.70/SF
NOI
$2.28M $6.31/SF
Area
Garland, TX
Vacancy
9.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,690,140
Cap Rate 7%
$32,635,814
Cap Rate 9%
$25,383,411
Alternative Uses
Best Use
Warehouse
$39.63M
$34.68M – $46.23M
NOI $2,774,044 @ 7.0% cap · market cap 11.10%
Second Best
Industrial
$32.64M
$28.56M – $38.08M
NOI $2,284,507 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$434.45M
$380.14M – $506.86M
NOI $30,411,375 @ 7.0% cap · market cap 121.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial site featuring four buildings totaling 362,065 square feet.
Where is this manufacturing property located?
The property is located at 3350 Marquis Dr Garland, TX.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Four buildings totaling 362,065 SF; Situated on 18.74 acres; Fully fenced & secured with guard shack
