Grand Prairie Multi-Tenant Industrial
2457 NW Dallas St Grand Prairie, TX 75050
2457 NW Dallas St, Grand Prairie, TX, 75050
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For Sale
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20,400 SF multi-tenant industrial asset on 1.84 acres.
Property Size20,400 SF
Lot Size1.84 Acres
Price / SF$129.90
Days on Market65
Property Features for 2457 NW Dallas St
General Information
- Standard status
- Active
- Size
- 20,400 SF
- Lot size
- 1.84 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing Agency
SVN | Trinity Advisors
Listed by
Ivan del-Aguila · License #TX 0704342
Source
Crexi
Added: May 14 Checked: Jul 16 at 10:23 am
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 SVN | Trinity Advisors
Investment Insights
Based on property information with market context.
This is a 20,400 SF multi-tenant small-bay industrial asset situated on 1.84 acres in Grand Prairie, Texas. The property features a mix of grade-level and dock-high loading. It has a clear height of 16'-17', supporting broad tenant demand across light industrial and service users. The property's efficient layout and central DFW location position the asset to capitalize on sustained demand for small-bay industrial product. There is a compelling mark-to-market and repositioning opportunity, with three of the four leases expiring in October and the remaining lease expiring in December, allowing new ownership to secure new tenancy and drive continued income growth in the near term.
Key Highlights
- 20,400 SF multi‑tenant small‑bay industrial asset.
- Located in Grand Prairie, Texas, in a central DFW location.
- Mix of grade‑level and dock‑high loading.
Local Financial Insights For Industrial
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 | $318.2k | $15.60 |
| − Vacancy | −$12.7k | −$0.62 |
| EGI | $305.5k | $14.98 |
| − OpEx | −$91.7k | −$4.49 |
| NOI | $213.9k | $10.48 |
20,400 SF · lease $15.60/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.59M
$3.14M – $4.18M
NOI $250,997 @ 7.0% cap · market cap 9.47%
Second Best
Industrial
$3.06M
$2.67M – $3.56M
NOI $213,857 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$5.74M
$5.02M – $6.69M
NOI $401,472 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial Millwork Systems
Building Supply
ThermaPlate
Factory
CMCs Group LLC
General Contractor
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Similar Off Market Nearby
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- Chef Steven's Catering — 1830 Beaumont St, Grand Prairie, TX 75051
- SPUD KINGS | GOURMET BAKED POTATOES — 1830 Beaumont St, Grand Prairie, TX 75051
FAQs
What type of property is this?
Flex space - 20,400 SF multi-tenant industrial asset on 1.84 acres.
Where is this flex space located?
The property is located at 2457 NW Dallas St Grand Prairie, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 20,400 SF multi‑tenant small‑bay industrial asset.; Located in Grand Prairie, Texas, in a central DFW location.; Mix of grade‑level and dock‑high loading.
