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Industrial Manufacturing and Cold Storage
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515 Mills Rd, Garland, TX 75040

Two-building industrial facility offers cold storage, manufacturing, and dry warehouse space with multiple loading doors on four acres.

Property Size20,840 SF
Lot Size4.00 Acres
Days on Market121

Property Features for 515 Mills Rd

General Information

Standard status Active
Size 20,840 SF
Lot size 4.00 Acres
Property subtype Industrial

Warehouse & Industrial

Clear Height 23.1 ft
Dock-High Doors 5
Drive-In Doors 3

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Dallas
Listed By: Adam Abushagur · License #TX 661916
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:43AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This two-building industrial property totals approximately 20,840 square feet of specialized space and includes manufacturing areas, dry warehouse space, and 8,130 square feet of cold storage. The facility provides a 23.1’ clear height and features five dock-high doors plus three grade-level doors. About half of the property is undeveloped, which may support future expansion and/or additional outdoor storage.

The asset is positioned just off State Highway 66 in the Northeast Dallas/Garland submarket, approximately two miles from South State Highway 78.

The property is leased to First Place Foods LLC, and the tenant renewed the lease for five years in April 2023 with 3.0% annual rent escalations.

Key Highlights

  • Two‑building industrial property with ~20,840 SF on 4.0 acres
  • Includes 8,130 SF cold storage plus manufacturing and dry warehouse space
  • 23.1’ clear height with five dock‑high doors and three grade‑level doors

Property Analytics

Current Use

First Place Foods Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Auto Parts Store

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

23 ft
Clear height
5
Dock-high doors
3
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Two-building industrial facility offers cold storage, manufacturing, and dry warehouse space with multiple loading doors on four acres.
Where is this manufacturing property located?
The property is located at 515 Mills Rd Garland, TX.
What are key features of this property?
This property features: Two‑building industrial property with ~20,840 SF on 4.0 acres; Includes 8,130 SF cold storage plus manufacturing and dry warehouse space; 23.1’ clear height with five dock‑high doors and three grade‑level doors
(972) 755-5200 Call to check price and availability
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