Property summary
This exceptional Grand Prairie industrial property offers a 45,409-square-foot warehouse on a generous 4.59-acre lot. The building, constructed in 1969 and classified as Class B, features a single tenancy and boasts 42,000 square feet of office space (convertible to additional warehouse area). The warehouse includes three dock-high doors with levelers, a 14'5" clear height, and a comprehensive fire suppression sprinkler system. Ample parking is provided with 213 car spaces (4.69 spaces per 1,000 sq ft). The property also features a 190-foot truck court and a 1.5-acre paved yard. The building is fully air-conditioned and equipped with three sets of men's and women's restrooms. The roof is a 60-mil TPO with a 20-year no-dollar-limit guarantee (installed November 2020). Electrical service is 2000A/480Y-277V/3Ø/4W. The property benefits from a triple Freeport tax exemption and is zoned for Light Industrial (LI) use. Asking price is $7,950,000. This is a prime opportunity for investors seeking a well-maintained, strategically located warehouse in the thriving Grand Prairie market.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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