1301 Wintergreen Rd Hutchins, TX 75141-4214

Property Details for 1301 Wintergreen Rd

Year built

2023

Construction

TILT-UP CONCRETE

Lot size

7.93 lot acres

Property type

Commercial land

APN

300225100S0010000

APU

300225100S0010000

Description

This exceptional investment opportunity presents a fee-simple interest in a brand-new (2024) 6,128-square-foot industrial warehouse located at 1301 W Wintergreen Rd, Hutchins, TX 75141. The property sits on 5.21 acres and boasts a rare full concrete truck court, including 85 parking stalls and three drive-in dock doors. Currently 100% occupied under a single-tenant, net-lease agreement with Standard Logistics, a subsidiary of Standard Industries (ranked 47th largest private US company), this property offers a secure, long-term investment with a remaining lease term of 7.4 years (expiring March 31, 2032). The lease features above-market rent escalations, with 6% increases in years one and two, and an average annual increase of approximately 3.9% thereafter. This provides a strong hedge against inflation and significant future cash flow growth. The property's strategic location within the International Inland Port of Dallas, a major logistics hub with easy access to I-20, I-35, and I-45, ensures strong tenant demand. The asking price is $7,709,000, representing a 6.95% cap rate and a net operating income (NOI) of $535,766. The property benefits from the robust growth of the Southeast Dallas industrial submarket, which has seen significant rent increases and new development in recent years. The surrounding area is home to numerous major logistics companies, further solidifying the property's value and long-term potential. This is a prime opportunity to acquire a high-quality, passively managed industrial asset in a premier Dallas-Fort Worth location. The property is offered for sale by owner.