3000 Kellway Cir Addison, TX 75001
- Industrial properties
- 106,073 SF
- 10.73 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 3000 Kellway Cir
- Year built
- 1999
- Lot size
- 10.73 lot acres
- Property size
- 106,073 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 106,073-square-foot flex space property, located at 3000 Kellway Cir in Addison, Texas (zip code 75001), presents a compelling investment opportunity. Built in 1999, this single-story building sits on a 10.732-acre lot and offers ample parking with 743 spaces. Currently, 55% of the space is leased to two tenants, providing established revenue streams and an average lease term of approximately 4.5 years. The property benefits from lower operating expenses due to the limited common areas. Leases are structured on a triple-net (NNN) basis. The remaining vacant space offers unique advantages, including dedicated HVAC systems, direct accessibility, and a lower level of social interaction compared to traditional office buildings. This makes it ideal for tenants seeking efficient, private workspace. The property's location in Dallas County, Texas, provides excellent access to major transportation routes and a thriving business community. This presents significant upside potential for future growth and profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Addison
- County
- Dallas
- State
- Texas
- Longitude
- -96.8428
- Latitude
- 32.9719
