989 Sandy Lk Rd Coppell, TX 75019-3990
This exceptional 57,302-square-foot flex/industrial building in Coppell, Texas, presents a compelling investment opportunity. Built in 2005, this single-story, Class B property boasts 18-foot ceilings, eight loading docks, and three dock-high doors, situated on a 4.09-acre lot with 125 parking spaces. Currently 100% occupied by five tenants under NNN leases, the property offers significant upside potential through market rent increases. The property features a 3.8-year weighted average lease term (WALT) and benefits from a prime location in a highly sought-after Dallas submarket, with easy access to major highways and DFW International Airport. The permitted zoning is LI (Light Industrial). The building includes approximately 80% HVAC. The current net operating income (NOI) exceeds $432,000, with a pro-forma NOI projected at over $900,000. This presents a rare chance to acquire a stable, high-performing asset with substantial future growth potential, ideal for both investors and owner-occupiers. The property is not subject to a ground lease.
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ProSource of Coppell Building Supply Hardware & Home Improvement
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 · Coppell, TXCoppell. 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.