Food-Grade Flex
For Sale
Contact for pricing
1100 Klein Rd, Plano, TX 75074
Former food-grade facility with office space, four dock doors, full HVAC, and 24’ clear height.
Property Size104,104 SF
Price / SF$113.43
Days on Market714
Property Features for 1100 Klein Rd
General Information
Standard status
Active
Size
104,104 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
4
Heavy Power
Yes
Sprinkler System
Yes
Listing Agency:
Lee & Associates | Dallas/Fort Worth
(214) 669-1717
Listed By:
Brett Lewis · License #445363
(214) 669-1717
Source:
Moodyscre
Added: Aug 16, 2024
Changed: Jul 22
Last Checked: Jul 22 at 4:28PM
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 Lee & Associates | Dallas/Fort Worth
Investment Insights
Based on property information with market context.
This former food-grade facility offers a combined flex/warehouse configuration with approximately 8,500 SF of office space. The warehouse is equipped with four dock doors, with the ability to expand to six, and is sprinklered. Interior clear height is 24 feet, and the building has 100% HVAC.
Power capacity is approximately 1,200 amps at 480V. Parking is provided at an approximate 2.9 spaces per 1,000 SF.
The property is listed for sale and is noted as available 7/1/24.
Power capacity is approximately 1,200 amps at 480V. Parking is provided at an approximate 2.9 spaces per 1,000 SF.
The property is listed for sale and is noted as available 7/1/24.
Key Highlights
- Former food‑grade facility with office space (+/- 8,500 SF)
- Warehouse has 4 dock doors, expandable to 6
- 24’ clear height and sprinklered warehouse
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 | $1.01M | $9.72 |
| − Vacancy | −$45.5k | −$0.44 |
| EGI | $966.4k | $9.28 |
| − OpEx | −$145.0k | −$1.39 |
| NOI | $821.4k | $7.89 |
104,104 SF · lease $9.72/SF/yr · vacancy 4.50% · expense 15.00%
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
Current Use
Lease Details
24 ft
Clear height
4
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Under-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
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Frequently Asked Questions
What type of property is this?
Flex space - Former food-grade facility with office space, four dock doors, full HVAC, and 24’ clear height.
Where is this flex space 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: Former food‑grade facility with office space (+/- 8,500 SF); Warehouse has 4 dock doors, expandable to 6; 24’ clear height and sprinklered warehouse