Large Front-Load Distribution
For Sale
$30,888,000
675 S Royal Lane, Coppell, TX 75019
Front-load industrial facility with dock access, substantial power, office pods, and expansive parking capacity.
Property Size171,600 SF
Lot Size10.99 Acres
Price / SF$180
Days on Market48
Property Features for 675 S Royal Lane
General Information
Standard status
Active
Size
171,600 SF
Total Parking Spaces
222
Lot size
10.99 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
28 ft
Office Build-Out
22,000 SF
Dock-High Doors
10
Drive-In Doors
3
Loading
Front Load
Column Spacing
42 x 52 ft
Power
1,600 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Building Details
Building Size
171,600 SF
Year Built
1996
Listed By:
Adam Graham, SIOR, CCIM
(214) 335-3320
Source:
Lee-associates
Added: Sep 5
Changed: Oct 11
Last Checked: Oct 20 at 6:51PM
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 Adam Graham, SIOR, CCIM
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Investment Insights
Based on property information with market context.
This 171,600-square-foot distribution center occupies 10.99 acres and includes two separate office pods. The front-load facility offers 26- to 28-foot clear height, 42-foot by 52-foot column spacing, and a divisible configuration of approximately 93,600 square feet. Office areas include approximately 12,000 square feet at the north endcap and 10,000 square feet at the south endcap, with two storefronts.
Loading infrastructure includes 10 dock-high doors with pit levelers, expandable to 16, along with three drive-in doors. The property is equipped with 1,600 amps of 480V, 3-phase power, ESFR sprinklers, 10 exhaust fans, LED lighting, and a 6- to 8-inch slab. The 1996-built facility also provides 222 car parks.
Loading infrastructure includes 10 dock-high doors with pit levelers, expandable to 16, along with three drive-in doors. The property is equipped with 1,600 amps of 480V, 3-phase power, ESFR sprinklers, 10 exhaust fans, LED lighting, and a 6- to 8-inch slab. The 1996-built facility also provides 222 car parks.
Key Highlights
- 171,600 SF distribution center on 10.99 acres
- Divisible to approximately 93,600 SF
- 26'-28' clear height with 42' X 52' column spacing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,080,157
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,603,140
$21.6M
Cap Rate 7%
$15,430,814
$15.4M
Cap Rate 9%
$12,001,744
$12.0M
Market Conditions
NOI Build-Up for 171,600 SF
Gross rent
$1.39M $8.12/SF
− Vacancy
−$122.6K −$0.71/SF
EGI
$1.27M $7.41/SF
− OpEx
−$190.6K −$1.11/SF
NOI
$1.08M $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,603,140
Cap Rate 7%
$15,430,814
Cap Rate 9%
$12,001,744
Alternative Uses
Best Use
Warehouse
$15.43M
$13.50M – $18.00M
NOI $1,080,157 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$12.71M
$11.12M – $14.83M
NOI $889,541 @ 7.0% cap · market cap 2.88%
Theoretical Best
Multifamily LT 5
$2,056.91M
$1,799.80M – $2,399.73M
NOI $143,983,640 @ 7.0% cap · market cap 466.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
28 ft
Clear height
10
Dock-high doors
3
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
Demographics for 75019, TX
44,897
Population
17,455
Households
2.6
Avg Household Size
39
Median Age
68%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,610
Density / Sq Mi
$134,174
Median Household Income
$81,541
Median Earnings
$1,817
Median Rent
$525,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - Front-load industrial facility with dock access, substantial power, office pods, and expansive parking capacity.
Where is this distribution center located?
The property is located at 675 S Royal Lane Coppell, TX.
What is the asking price?
The asking price for this property is $30,888,000.
What are key features of this property?
This property features: 171,600 SF distribution center on 10.99 acres; Divisible to approximately 93,600 SF; 26'-28' clear height with 42' X 52' column spacing
