2005 Industrial Blvd Rockwall, TX 75087
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.
-
Crown RF Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
Costs & 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.