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    Industrial Property with Outdoor Storage Title is generated by Realmo AI

    3510 Sam Rayburn Hwy, Melissa, TX

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    Fully leased industrial property with warehouse, office, and outdoor storage.

    Type:INDUSTRIAL
    Property size:
    26,720 SF
    Lot size:
    11.12 Acres
    Added:
    Nov 29, 2024
    Days on Market:
    558
    Last Refresh:
    May 20 at 8:12 pm

    Property Features for 3510 Sam Rayburn Hwy

    General Information

    Standard status
    Active
    Size
    26,720 SF
    Lot size
    11.12 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Andrew Wiesemann
    Andrew Wiesemann

    Listing agent Andrew Wiesemann License #782132

    Listing office Matthews Real Estate Investment Services | Dallas

    Listing date Nov 29, 2024

    Source Moodyscre

    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 Matthews Real Estate Investment Services | Dallas

    HighLights

    • Fully Leased to US LBM with a 10‑year term commenced September 1, 2021, providing immediate income.
    • Below Market Base Rent of $21,000/month ($252,000 annually) offers potential for increased value.
    • Substantial ±10.98 Acre Property with ±8.37 Acres of Concrete‑Paved Usable Acreage, ideal for industrial use.
    • Significant Outdoor Covered Storage: ±15,900 square feet.
    • Industrial Zoning suitable for storage, operations, and logistics.
    • Includes ±20,250 square feet of warehouse space and ±6,000 square feet of office space.

    Overview

    This industrial property is fully leased to US LBM. The warehouse space measures approximately 20,250 square feet, complemented by about 6,000 square feet of office space. Additionally, the property features approximately 15,900 square feet of covered outdoor storage. Situated on a total of approximately 10.98 acres, with about 8.37 usable acres entirely covered in concrete, the site is well-suited for industrial storage, operations, and logistics. The property is zoned for industrial use and benefits from 3-phase power. The lease commenced on September 1, 2021, with a term of 10 years and one 5-year option to extend. The base rent is $21,000 per month, or $252,000 annually, with a $3,000 per month increase at extension, bringing the base rent to $24,000 per month, or $288,000 annually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 3500 Sam Rayburn Hwy, Melissa, TX 75454

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.5401
    Latitude
    33.2943

    FAQs

    What type of property is this?
    Warehouse - Fully leased industrial property with warehouse, office, and outdoor storage.
    Where is this warehouse located?
    The property is located at 3510 Sam Rayburn Hwy Melissa, TX.
    What are key features of this property?
    This property features: Fully Leased to US LBM with a 10‑year term commenced September 1, 2021, providing immediate income.; Below Market Base Rent of $21,000/month ($252,000 annually) offers potential for increased value.; Substantial ±10.98 Acre Property with ±8.37 Acres of Concrete‑Paved Usable Acreage, ideal for industrial use.
    (318) 267-1074 Call to check price and availability
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