Industrial Property in Grand
2680 Aero Dr Grand Prairie, TX 75052
2680 Aero Dr, Grand Prairie, TX, 75052
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For Sale
Contact for pricing
60,735 SqFt industrial property available for sale.
Property Size60,735 SF
Price / SF$230
Days on Market758
Property Features for 2680 Aero Dr
General Information
- Standard status
- Active
- Size
- 60,735 SF
- Property subtype
- Industrial
Listing Agency
NAI Robert Lynn Fort Worth
Listed by
Jon McDaniel · License #TX 552186
Source
Crexi
Added: Jun 22, 2024 Checked: Jul 19 at 3:25 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 NAI Robert Lynn Fort Worth
Investment Insights
Based on property information with market context.
This industrial property, encompassing 60,735 square feet, is available for sale. It is located in Grand Prairie, Texas.
Key Highlights
- Industrial Property
- 60,735 SqFt
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 | $947.5k | $15.60 |
| − Vacancy | −$37.9k | −$0.62 |
| EGI | $909.6k | $14.98 |
| − OpEx | −$272.9k | −$4.49 |
| NOI | $636.7k | $10.48 |
60,735 SF · lease $15.60/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$9.10M
$7.96M – $10.61M
NOI $636,697 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.08M
$14.94M – $19.92M
NOI $1,195,265 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - 60,735 SqFt industrial property available for sale.
Where is this industrial property located?
The property is located at 2680 Aero Dr Grand Prairie, TX.
What is the asking price?
The asking price for this property is $13,969,050.
What are key features of this property?
This property features: Industrial Property; 60,735 SqFt
