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ESFR Dock-Ready Warehouse

1116 N Corinth St Corinth, TX 76208

1116 N Corinth St, Corinth, TX, 76208
$22,735,400
For Sale
Claim this Listing
$22,735,400

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

Property Size146,680 SF
Price / SF$155
AddedJun 9
Days on Market37
Last RefreshJul 15 at 1:01 pm

Property Features for 1116 N Corinth St

General Information

Standard status
Active
Size
146,680 SF
Property subtype
Industrial

Building Details

Year Built
2026

Listing office

Listing date Jun 9, 2026

Source Lee-associates

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

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 $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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Real Estate Agency Hair Salon Electrical Service Nail Salon HVAC Service Bakery Storage Facility Cafe & Coffee Shop Big Box & Wholesale Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

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

FAQs

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
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