Property Details
Industrial Investment
Investment Offering > 100% Occupied 24,080 SF Warehouse Available
Colliers International has been exclusively retained to offer qualified investors the opportunity to purchase 3225-3227 Garden Brook Drive, a 100% occupied, 24,080 square foot warehouse project. This infill project was built in 1981 and sits on 1.03 acres within the NE Stemmons/ Valwood industrial submarket. Garden Brook is well located and sits just two (2) blocks south of Belt Line Rd, a major east west thoroughfare that offers direct and easy access to all parts of the Dallas/Fort Worth metroplex. Beltline Road offers a direct connection to Dallas North Tollway(to the east) and Interstate 35(to the west). The area along Belt Line Road is experiencing growth and revitalization through new retail developments and improvements to existing properties. This offering will provide investors with predictable in-place cash flow and upside from contractual rent increases with an opportunity to take advantage of rent growth when the leases roll.
- STABILIZED PROJECT WITH RENT GROWTH/UPSIDE
- FUNCTIONAL ASSET
- QUALITY TENANCY
- WELL LOCATED IN INFILL INDUSTRIAL SUBMARKET
- DISCOUNT TO REPLACEMENT COST
- Property TypeIndustrial
- Submarket
- Year Built1981
- Total Acres0.55
- ZoningLight Industrial
- Property ID1899760