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Property profile & analytics
OFF-MARKET
Distribution centers

2005 Industrial Blvd Rockwall, TX 75087

325,300 SF 59.08 ac lot Built 1976
Property ID
US82-5176497
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Year built 1976
Total area 325,300 SF
Lot 59.08 ac (2,573,525 SF)
UPID US82-5176497
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Crown RF Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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