1010 Profit Dr Garland, TX 75040-5732

Property Details for 1010 Profit Dr

Year built

1964

Construction

STEEL FRAME

Lot size

0.21 lot acres

Property size

5,100 SF

Zone code

Z109

Property type

Warehouses

Property subtype

Self storage facilities

APN

26219500020120000

APU

26219500020120000

Description

This 5,100 square foot flex warehouse in Garland, Texas, presents a compelling investment opportunity. Located at 1010 Profit Dr, 75040, in Dallas County, this single-tenant property is currently leased at a below-market rate, offering significant value-add potential. The lease expires November 1st, 2024, providing a short-term opportunity to increase rental income. The property boasts a prime location within a dense industrial area of Garland, ensuring excellent accessibility and visibility. The versatile space is well-maintained, with recent interior and exterior repairs completed by both the landlord and tenant. The asking price is $500,000, translating to $98 per square foot. The gross lease structure simplifies management, and the flexible layout allows for various uses, including potential subdivision. This property is ideal for investors seeking a strong return on investment in a thriving Texas market. The property's location in Garland offers easy access to major transportation routes, enhancing its appeal to a wide range of potential tenants. Don't miss this chance to acquire a well-located, income-producing asset with significant upside.