207,687 SF Garland
For Sale
Contact for pricing
1720 S Jupiter Rd, Garland, TX
Warehouse with office mezzanine and production space for sale.
Property Size207,687 SF
Lot Size18.77 Acres
Price / SF$120.37
Days on Market837
Property Features for 1720 S Jupiter Rd
General Information
Standard status
Active
Size
207,687 SF
Lot size
18.77 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: Jul 18, 2024
Changed: Oct 25
Last Checked: Oct 30 at 5:06PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 207,687 square foot warehouse property constructed in 1982. The building features a 100,000 square foot office mezzanine and 100,000 square feet dedicated to production. The entire space is equipped with HVAC and includes a dropped ceiling. Loading is facilitated by one dock-high door.
Key Highlights
- 207,687 SF Warehouse
- 100,000 SF Production space
- 100,000 SF Office Mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,591,242
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$31,824,840
$31.8M
Cap Rate 7%
$22,732,029
$22.7M
Cap Rate 9%
$17,680,467
$17.7M
Market Conditions
NOI Build-Up for 207,687 SF
Gross rent
$2.07M $9.96/SF
− Vacancy
−$196.5K −$0.95/SF
EGI
$1.87M $9.01/SF
− OpEx
−$280.8K −$1.35/SF
NOI
$1.59M $7.66/SF
Area
Garland, TX
Vacancy
9.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$31,824,840
Cap Rate 7%
$22,732,029
Cap Rate 9%
$17,680,467
Alternative Uses
Best Use
Office B
$170.37M
$149.08M – $198.77M
NOI $11,926,210 @ 7.0% cap · market cap 47.70%
Second Best
Warehouse
$22.73M
$19.89M – $26.52M
NOI $1,591,242 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$249.21M
$218.06M – $290.74M
NOI $17,444,512 @ 7.0% cap · market cap 69.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Able Machinery Movers — 3737 Grader St, Garland, TX 75041
- Firefighting's Finest Moving & Storage — 2306 Sherwin St, Garland, TX 75041
- J & C Warehousing — 3650 W Miller Rd, Garland, TX 75041
- Campus Storage, LLC — 3701 Dividend Dr, Garland, TX 75042
- STORAGE FIT — 3701 Dividend Dr # C2, Garland, TX 75042
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with office mezzanine and production space for sale.
Where is this warehouse located?
The property is located at 1720 S Jupiter Rd 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: 207,687 SF Warehouse; 100,000 SF Production space; 100,000 SF Office Mezzanine
