Garland Industrial Site For
For Sale
Contact for pricing
3350 Marquis Dr, Garland, TX
Industrial site featuring four buildings totaling 362,065 square feet.
Property Size362,065 SF
Lot Size18.74 Acres
Price / SF$69.05
Days on Market523
Property Features for 3350 Marquis Dr
General Information
Standard status
Active
Size
362,065 SF
Lot size
18.74 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Robert Lynn-Dallas
(214) 256-7160
Listed By:
Mark Miller
(214) 256-7100
Source:
Moodyscre
Added: Feb 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:35AM
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
Investment Insights
Based on property information with market context.
This industrial site in Garland, Texas, includes four buildings totaling 362,065 square feet. Situated on 18.74 acres, the property is suitable for warehousing and light manufacturing. The site is fully fenced and secured with a guard shack.
Key Highlights
- Four buildings totaling 362,065 SF
- Situated on 18.74 acres
- Fully fenced & secured with guard shack
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 | $3.61M | $9.96 |
| − Vacancy | −$342.6k | −$0.95 |
| EGI | $3.26M | $9.01 |
| − OpEx | −$979.1k | −$2.70 |
| NOI | $2.28M | $6.31 |
362,065 SF · lease $9.96/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$39.63M
$34.68M – $46.23M
NOI $2,774,044 @ 7.0% cap · market cap 11.10%
Second Best
Industrial
$32.64M
$28.56M – $38.08M
NOI $2,284,507 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$434.45M
$380.14M – $506.86M
NOI $30,411,375 @ 7.0% cap · market cap 121.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial site featuring four buildings totaling 362,065 square feet.
Where is this manufacturing property located?
The property is located at 3350 Marquis Dr 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: Four buildings totaling 362,065 SF; Situated on 18.74 acres; Fully fenced & secured with guard shack
