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    FOR LEASE
    Distribution centers

    2050 Kestrel Ave, Desoto, TX 75115

    239,982 SF 9.43 ac lot Built 1986
    Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-1971416
    Property summary
    AI-generated overview

    This exceptional 235,600-square-foot industrial warehouse, located at 2050 Kestrel Ave, DeSoto, TX 75115, in Dallas County, presents a significant investment opportunity. Built in 1985 and extensively renovated in 2021, this single-story building boasts a 30-foot ceiling height, providing ample vertical space for various industrial uses. The property features a substantial 9.42-acre lot and includes 42 loading docks, 3 drive-in bays, and 113 total parking spaces, ensuring efficient operations and ample room for both employees and inventory. Currently configured for multiple tenants, this warehouse offers significant flexibility. A portion of the space is currently available for sublease, comprising 2,072 square feet of office space. Note that certain utilities, building services, and property fees may not be included in the listed lease rate. This prime location in DeSoto, Texas offers easy access to major transportation routes, making it an ideal choice for businesses seeking a strategic distribution hub or large-scale warehousing solution. The property's recent renovations ensure modern functionality and efficiency, making it a highly attractive option for a variety of industrial tenants. The substantial size and comprehensive amenities make this warehouse a rare find in the Dallas County market.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1986
    Construction TILT-UP CONCRETE
    Total area 239,982 SF
    Lot 9.43 ac (410,727 SF)
    Zoning code Z111
    APN 20031460000010000
    UPID US82-1971416
    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
    • US Tool Group - Dallas/Ft. Worth Operations Center Production Facility Factory
    • Solar Turbines - Bldg. C Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.35M
    Owner & transaction history
    Exeter 2050 Kestrel LP · 11 yrs held
    Exeter 2050 Kestrel LP
    since 2015
    6 recorded transactions
    2018
    2016
    2015
    2007
    1969
    1969
    Zoning & alternative use
    Z111 · Desoto, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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