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Property profile & analytics
FOR LEASE
Warehouses

602 Fountain Pkwy Grand Prairie, TX 75050

302,964 SF 13.77 ac lot Built 1969
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3096385
Property summary
AI-generated overview

This exceptional Class B industrial distribution center, located at 602 Fountain Pkwy, Grand Prairie, TX 75050, offers two available spaces totaling nearly 300,000 square feet. Built in 1970, the property sits on a generous 13.77-acre lot and boasts a desirable Light Industrial zoning. Each space offers significant square footage, ranging from 145,182 to 155,523 square feet, perfect for various distribution needs. The building features a substantial 16-foot ceiling height, providing ample vertical storage capacity. Loading is facilitated by 16 dock-high doors and 6 drive-in doors, ensuring efficient and flexible operations. The property is equipped with robust power capabilities, including 6500A, 480-Volt, 3-Phase power. Further enhancing its functionality, the property includes ample auto/trailer parking and nearly an acre of secured outdoor storage. Strategically located in the heart of the Dallas-Fort Worth metroplex, this property offers easy access to major transportation arteries, making it an ideal location for distribution businesses. Earliest occupancy is July 2024. This is a rare opportunity to secure a well-appointed distribution facility in a prime location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1969
Total area 302,964 SF
Lot 13.77 ac (599,995 SF)
APN 48510--12
UPID US82-3096385
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
  • Mallory Grand Prairie Warehouse & Storage
  • USPS Support Annex Government Office
  • Evolved Ingenuity, LLC Business Service Center Corporate Office
  • Ford Cemetery Tour Operator
  • K&G Global, Bonded CFS Warehouse Storage Facility Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.14M
Owner & transaction history
Lcg2i 602 Fountain LLC · 4 yrs held
Lcg2i 602 Fountain LLC
since 2021
5 recorded transactions
2021
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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