Property summary
This exceptional investment opportunity presents a 15,000-square-foot, single-tenant net lease (STNL) cold storage industrial property situated on 1.07 acres in the heart of Dallas, Texas. Located at 1704 Orleans Street, zip code 75226, this property enjoys a prime location at the convergence of I-30 and I-45, within a designated Opportunity Zone. The tenant, Thomas Mushroom & Specialty Produce, a well-established business with multiple locations, has approximately five years remaining on their lease, with a five-year option to renew, featuring 3% annual rent increases in both the primary and option terms. This provides a stable and growing revenue stream of $228,351 in net operating income (NOI). The property benefits from ample outside storage and parking. Its strategic location near Deep Ellum, Fair Park, and the Cedars, within a high-barrier-to-entry infill market, offers significant long-term upside potential for future redevelopment or repositioning, given the surrounding concentration of multi-family, retail, office, and industrial assets. The net lease structure minimizes management responsibilities, making it ideal for passive or 1031 exchange investors. The property's address is 1704 Orleans St, Dallas, TX 75226, with APN 99071015550000000. This rare opportunity combines immediate income with substantial long-term growth potential in a thriving urban core.
Property profile
VerifiedCap rate & NOI
Current use
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Agricultural Supply Food Market
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Big Box & Wholesale Store
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Food Market Farmer's Market
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Agricultural Supply Food Market
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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