Flex Space with Grade-Level
For Sale
Contact for pricing
4405 Industrial Street, Rowlett, TX 75088
A paved flex property pairs renovated office-showroom space with a heated warehouse and access from both sides.
Property Size3,528 SF
Lot Size0.24 Acres
Price / SF$0.00
Days on Market12
Property Features for 4405 Industrial Street
General Information
Standard status
Active
Size
3,528 SF
Lot size
0.24 Acres
Property subtype
Warehouse
Warehouse & Industrial
Warehouse Space
2,856 SF
Office Build-Out
672 SF
Drive-In Doors
2
Additional Details
Highway Access
Yes
Property Use
Flex Space
Building Details
Year Built
1983
Building Size
3,528 SF
Listing Agency:
Momentus Real Estate Group
Listed By:
Maureen Cappallo
(682) 223-1347
Source:
Momentusrealestategroup
Added: Oct 19
Changed: Oct 29
Last Checked: Oct 29 at 2:43PM
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 Momentus Real Estate Group
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Investment Insights
Based on property information with market context.
This 3,528-square-foot flex building in Rowlett dates to 1983 and sits on approximately 0.24 acres. Its layout combines about 672 square feet of office-showroom area with 2,856 square feet of warehouse-shop space. The office portion has an open reception area, dual entry doors, updated ADA-compliant restrooms, new luxury vinyl plank flooring and fresh paint. Warehouse features include heating units, two 12-foot by 10-foot grade-level overhead doors, and access on both sides of the building.
The paved site has potential outdoor storage space along the west side. The property is just off SH 66 near President George Bush Turnpike; Downtown Rowlett and the Rowlett DART station are each less than a mile away.
The paved site has potential outdoor storage space along the west side. The property is just off SH 66 near President George Bush Turnpike; Downtown Rowlett and the Rowlett DART station are each less than a mile away.
Key Highlights
- 3,528 square feet on approximately 0.24 acres
- 672 square feet of office‑showroom space and 2,856 square feet of warehouse‑shop area
- Two new 12 ft x 10 ft grade‑level overhead roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,066
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,320
$341.3K
Cap Rate 7%
$243,800
$243.8K
Cap Rate 9%
$189,622
$189.6K
Market Conditions
NOI Build-Up for 3,528 SF
Gross rent
$28.8K $8.16/SF
− Vacancy
−$2.5K −$0.72/SF
EGI
$26.3K $7.44/SF
− OpEx
−$9.2K −$2.60/SF
NOI
$17.1K $4.84/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,320
Cap Rate 7%
$243,800
Cap Rate 9%
$189,622
Alternative Uses
Best Use
Warehouse
$317.2K
$277.6K – $370.1K
NOI $22,207 @ 7.0% cap · market cap 158,621.43%
Second Best
Industrial
$261.3K
$228.6K – $304.8K
NOI $18,288 @ 7.0% cap · market cap 130,628.57%
Theoretical Best
Multifamily LT 5
$42.29M
$37.00M – $49.34M
NOI $2,960,223 @ 7.0% cap · market cap 21,144,450.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75088, TX
26,899
Population
10,168
Households
2.6
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
2,892
Density / Sq Mi
$105,064
Median Household Income
$54,587
Median Earnings
$1,899
Median Rent
$326,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A paved flex property pairs renovated office-showroom space with a heated warehouse and access from both sides.
Where is this flex space located?
The property is located at 4405 Industrial Street Rowlett, TX.
What are key features of this property?
This property features: 3,528 square feet on approximately 0.24 acres; 672 square feet of office‑showroom space and 2,856 square feet of warehouse‑shop area; Two new 12 ft x 10 ft grade‑level overhead roll‑up doors
