2855 Trinity Sq Dr Carrollton, TX 75006-2347
This exceptional value-add opportunity presents two buildings totaling 31,752 square feet on a 2.214-acre lot in Carrollton, Texas. The Class B property, built in 1985, features a mix of flex, manufacturing, and R&D space, currently 50% occupied with a NNN lease in place. The property boasts 14-foot ceilings, ample parking, a convenient truck court, and easy access to major highways. Located in the desirable Carrollton/Addison submarket of North Dallas, this property offers significant upside potential through lease-up of the vacant space. The two single-story buildings are zoned for light industrial use and offer a versatile layout suitable for a variety of businesses. Each unit is priced at $2,557,500, with a total asking price of $5,115,000, representing $161.09 per square foot. The property's prime location in a built-out submarket, coupled with its existing income stream and potential for increased occupancy, makes it an attractive investment for owner-users or investors seeking a value-add opportunity. The current tenant's lease includes built-in rent increases, further enhancing the investment's long-term value. The property's attractive landscaping and convenient amenities, including ample parking and a truck court, add to its appeal. This is a rare opportunity to acquire a well-located, versatile industrial property in a highly sought-after area of North Dallas.
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
Z123 · Carrollton, TXCarrollton. Always verify with local authorities before improvements.
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.