1323 Brookside Dr Glenn Heights, TX 75154-8404
This exceptional investment opportunity presents a fee simple interest in a 12,000-square-foot truck parking facility situated on a 6.03-acre lot in Glenn Heights, Texas. The property, built in 1984, features a single-story building and is currently 100% occupied under a 5-year absolute NNN lease (expiring December 14, 2028, with 4.1 years remaining). The lease includes significant rent bumps: 23% initially, followed by 4.76% annual increases. The tenant, Brookside Truck Parking, utilizes the property for outside storage, with ample gravel parking suitable for Class 8 heavy-duty tractors. The property includes fencing, an access gate, and is strategically located on Interstate 35, just five miles south of the I-20 interchange and one mile north of the proposed Loop 9 Southeast Project, benefiting from its proximity to major freight routes and significant industrial inventory within a six-mile radius. This prime location within the Dallas-Fort Worth metroplex offers substantial growth potential and a stable income stream in a state with no income tax. Lease options include one and three-year extensions. The property's robust infrastructure and advantageous location make it an ideal investment for discerning buyers seeking strong returns and long-term stability. The property includes an 8,000 square foot multi-bay service building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z31 · Glenn Heights, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.