Multi-Tenant Industrial
For Sale
Contact for pricing
6515 Industrial Drive, Sachse, TX 75048
Flexible industrial configuration with updated TPO roofing, 3-phase power, and convenient highway access.
Property Size36,000 SF
Lot Size1.81 Acres
Price / SF$124.33
Days on Market63
Property Features for 6515 Industrial Drive
General Information
Standard status
Active
Size
36,000 SF
Lot size
1.81 Acres
Property subtype
Industrial
Lease Type
NNN
Net Operating Income
$303,246
Warehouse & Industrial
Clear Height
16 ft
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1982
Buildings
4
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Davis Cagle · License #TX 722097
Source:
Crexi
Added: Jun 30
Changed: Aug 30
Last Checked: Aug 30 at 2:27PM
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 multi-tenant industrial property contains 36,000 square feet across a combined 1.81 acres. The improvements were built in 1982 and include new TPO roofing, 16-foot clear height, and 3-phase power. The layout can be divided into 24 units, supporting a multi-occupant configuration within the existing industrial improvements.
Located at 6515 Industrial Drive in Sachse, Texas, the property sits just off State Highway 78 with access to President George Bush Turnpike. Its highway connectivity provides a direct transportation link for the site and its occupants.
Located at 6515 Industrial Drive in Sachse, Texas, the property sits just off State Highway 78 with access to President George Bush Turnpike. Its highway connectivity provides a direct transportation link for the site and its occupants.
Key Highlights
- 36,000‑square‑foot industrial portfolio on a combined 1.81 acres
- Divisible into 24 units for a multi‑tenant configuration
- All‑new TPO roofs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$186,617
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,732,340
$3.7M
Cap Rate 7%
$2,665,957
$2.7M
Cap Rate 9%
$2,073,522
$2.1M
Market Conditions
NOI Build-Up for 36,000 SF
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.
Gross rent
$292.3K $8.12/SF
− Vacancy
−$25.7K −$0.71/SF
EGI
$266.6K $7.41/SF
− OpEx
−$80.0K −$2.22/SF
NOI
$186.6K $5.18/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,732,340
Cap Rate 7%
$2,665,957
Cap Rate 9%
$2,073,522
Alternative Uses
Best Use
Industrial
$2.67M
$2.33M – $3.11M
NOI $186,617 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$431.52M
$377.58M – $503.44M
NOI $30,206,358 @ 7.0% cap · market cap 674.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 75048, TX
27,818
Population
10,445
Households
2.7
Avg Household Size
37
Median Age
47%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
2,868
Density / Sq Mi
$129,024
Median Household Income
$64,338
Median Earnings
$1,775
Median Rent
$366,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Flexible industrial configuration with updated TPO roofing, 3-phase power, and convenient highway access.
Where is this industrial property located?
The property is located at 6515 Industrial Drive Sachse, TX.
What is the asking price?
The asking price for this property is $4,476,000.
What are key features of this property?
This property features: 36,000‑square‑foot industrial portfolio on a combined 1.81 acres; Divisible into 24 units for a multi‑tenant configuration; All‑new TPO roofs
