12309 Seagoville Rd, Balch Springs, TX 75180-3329

This stabilized industrial warehouse investment property, located at 12309 Seagoville Rd, Balch Springs, Texas 75180, offers a compelling opportunity for investors seeking strong returns. The 7,500 square foot building, constructed in 2000, sits on a 4.34-acre lot and boasts a 17.5-foot ceiling height. Currently 100% occupied by a single long-haul trucking operator under a NNN lease with a remaining term of approximately 4.7 years (expiring July 31, 2029, with a commencement date of March 15, 2024), the property generates a substantial annual Net Operating Income (NOI) of $204,000. The lease includes a 3.75% annual escalation clause, beginning April 1st of each year, and a single 60-month renewal option at fair market value. Recent capital improvements include a new roof (with warranty), new HVAC units in the office, LED lighting throughout the building and yard, new paint and flooring in the office, and a fire sprinkler system. The property's strong cash flow, coupled with its strategic location in Dallas County and recent upgrades, makes it an attractive investment prospect with a 7.29% cap rate. The property is classified as an infill industrial outdoor storage (IOS) property.