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4910-4930 Gordon Smith Dr $12.50/SF/Yr

Floor

1

Size

4,629 SF

Type

INDUSTRIAL

Lease Type

GROSS

Availability

AVAILABLE, Now

Sublease

No

- Multi-Tenant Industrial Configuration: ±18,169 SF multi-tenant industrial asset... featuring a diversified rent roll that mitigates income concentration risk. - Leases are staggered, supporting consistent cash flow and reducing rollover exposure. One ±4,626 SF suite is currently available, presenting immediate lease-up and potential opportunity for near-term value creation. - Below-Market Rents with Contractual Increases: In-place rental rates are materially below current market comparable, providing a clear mark-to-market opportunity upon lease rollover. - Existing leases incorporate scheduled annual rent escalations, ensuring built-in NOI growth during the hold period independent of new leasing activity. - Strategic Infill Location with Excellent Regional Connectivity: Positioned with direct access to President George Bush Turnpike (SH-190) and Interstate 30, offering efficient linkage to the broader DFW metroplex. - Proximity to key logistics hubs, ±35 minutes to DFW International Airport and ±25 minutes to Dallas Love Field enhances tenant appeal. - The surrounding submarket is characterized by strong industrial demand drivers and limited new construction, supporting sustained rent growth and occupancy stability. - Compelling Basis Relative to Market and Replacement Cost: Acquisition at a price-per-square-foot below both estimated replacement cost and recent comparable sales. - This advantageous basis offers immediate intrinsic value, reduces downside exposure in a softening market, and positions the asset for long-term capital appreciation. - Expenses Reimbursement (Tenant Pays Pro-Rata Share Increases Over Base Year): Real estate taxes, insurance premiums, operating expenses. - Direct Pay Expenses (Tenant Pays Provider Directly): All utilities; e.g., electricity, cable, gas, internet access, water. - Landlord Responsibilities: Roof, structure, base year tax/insurance. - Other Noteworthy Items: New roof/HVAC on all sites ±6 years ago; 4910 is getting fresh paint and other improvements.

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Listing Agency: Matthews Real Estate Investment Services | Dallas Show Phone

Listed By: Caden Strauss · License #813657(TX) Show Phone

Source: Moodyscre

Added: Mar 27 Changed: Sep 15 Last Checked: Sep 22 at 8:25PM

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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

Investment Insights

Based on property information with market context.

Multi-tenant industrial warehouse totaling 18,169 SF, built for diversified tenant occupancy with a diversified rent roll. Leases are staggered, which helps reduce income concentration and rollover exposure. One 4,626 SF suite is currently available. Existing leases include scheduled annual rent escalations.

The property has direct access to President George Bush Turnpike (SH-190) and Interstate 30, providing connectivity throughout the DFW metroplex. It is approximately 35 minutes to DFW International Airport and about 25 minutes to Dallas Love Field, supporting tenant access to major air travel.

Operating structure includes tenant pro-rata reimbursement for real estate taxes, insurance premiums, and operating expenses, plus direct-pay utilities. Landlord responsibilities include the roof and structure, along with base year tax/insurance. New roof/HVAC was installed on all sites approximately 6 years ago, and 4910 is scheduled for fresh paint and other improvements.

Key Highlights

• 18,169 SF multi‑tenant industrial warehouse
• One 4,626 SF suite currently available
• Staggered leases to help reduce income concentration and rollover exposure

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Hotel & Motel Veterinary 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.

Lease Details

NNN (Triple Net)

Lease Type

$1.88 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

857

Businesses Nearby

Well-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

Market

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Multi-tenant industrial warehouse with one currently available suite and direct access to SH-190 and I-30.

Where is this warehouse located?

The property is located at 4930 Gordon Smith Dr Rowlett, TX.

What is the lease rate?

The lease rate is $12.50 SF/Yr.

What are key features of this property?

This property features: 18,169 SF multi‑tenant industrial warehouse; One 4,626 SF suite currently available; Staggered leases to help reduce income concentration and rollover exposure