989 Sandy Lk Rd Coppell, TX 75019-3990
- Showrooms
- 57,150 SF
- 4.09 lot acres
Current Use by Public Records
- Sandy Lake CrossFit / Gym
- Ellis Elite Basketball Academy / Gym
- Electronic Output Solutions / Commercial Printer / Mailing Service
- Dance Machines / Dance School
- ProSource of Coppell / Kitchen Remodeler / Wholesaler
Property Details for 989 Sandy Lk Rd
- Year built
- 2005
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.09 lot acres
- Property size
- 57,150 SF
- Zone code
- Z123
- Property type
- Showrooms
- APN
- 180018000002R0000
- APU
- 180018000002R0000
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,140,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Coppell
- County
- Dallas
- State
- Texas
- Longitude
- -97.0236
- Latitude
- 32.9725
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
