2005 Industrial Blvd Rockwall, TX 75087
- Distribution centers
- 325,300 SF
- 59.08 lot acres
Current Use by Public Records
- Crown RF / Electronic Parts Supplier
Property Details for 2005 Industrial Blvd
- Year built
- 1976
- Lot size
- 59.08 lot acres
- Property size
- 325,300 SF
- Property type
- Distribution centers
Description
This exceptional investment opportunity presents a fully leased, 325,300-square-foot multi-tenant warehouse portfolio situated on a substantial 59.08-acre lot in Rockwall, Texas. The property comprises ten buildings constructed between 1976 and 1997, featuring a mix of 28 drive-in and 22 dock-high doors, and impressive ceiling heights ranging from 16 to 20 feet. Currently boasting 100% occupancy across its 20 units, this Class B industrial property benefits from a modified lease structure. The strategic location on Industrial Boulevard, near the intersection of Interstate 30, offers convenient access to major transportation arteries, including the President George Bush Turnpike and Interstate 635. An additional 37.5 acres of land, including approximately 24.8 acres suitable for development (subject to any applicable zoning and permitting requirements), presents significant potential for future expansion or redevelopment. The property's current tenant base includes a significant anchor tenant. This offering presents a rare opportunity to acquire a well-positioned, income-producing industrial asset with substantial upside potential in a strong submarket characterized by low vacancy rates. Detailed financial information and lease terms are available upon request.
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
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.4426952
- Latitude
- 32.9161414
