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Industrial Warehouse Space For Rent
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301 E Walnut St, Garland, TX

8,400 SF warehouse space available for lease.

Property Size8,400 SF
Lot Size0.62 Acres
Price / SF$178.57
Days on Market801

Property Features for 301 E Walnut St

General Information

Standard status Active
Size 8,400 SF
Lot size 0.62 Acres
Property subtype INDUSTRIAL
Listing Agency: Rich Young Company
Listed By: Garrett Goldstein
Source: Moodyscre
Added: May 24, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:57AM

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 Rich Young Company

Investment Insights

Based on property information with market context.

This industrial property offers 8,400 square feet of warehouse space available for rent. Located in Garland, Texas, the property is suitable for warehouse and industrial use.

Key Highlights

  • 8,400 SF warehouse space available
  • Space available for lease
  • Warehouse space

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 $83.7k $9.96
− Vacancy −$7.9k −$0.95
EGI $75.7k $9.01
− OpEx −$11.4k −$1.35
NOI $64.4k $7.66
8,400 SF · lease $9.96/SF/yr · vacancy 9.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$919.4K
$804.5K – $1.07M (±1% cap)
NOI $64,359 @ 7.0% cap · market cap 4.29%
Second Best
Industrial
$757.2K
$662.5K – $883.4K (±1% cap)
NOI $53,001 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M (±1% cap)
NOI $705,552 @ 7.0% cap · market cap 47.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

205 Auto Works Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm Dental Office Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in Dallas County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - 8,400 SF warehouse space available for lease.
Where is this warehouse located?
The property is located at 301 E Walnut St Garland, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8,400 SF warehouse space available; Space available for lease; Warehouse space
(214) 364-0674 Call to check price and availability
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