For Sale
$4,519,800

820 Central Expy Anna, TX 75409

20,088 SF Warehouse, $4.5M, 6% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 20,088-square-foot industrial property, located at 820 S Central Expy in Anna, Texas (75409), presents a compelling investment opportunity. The single-story, 2011-built building underwent a complete renovation in 2022, boasting a pristine interior finish. The property features four loading docks with four dock-high doors, providing efficient logistics. The 18-foot ceiling height maximizes storage and operational flexibility. The warehouse space is complemented by a well-appointed office area, including a reception area, conference room, and restrooms, all climate-controlled. Situated on a 1.27-acre lot zoned C-2, the property offers ample parking for 24 vehicles. The building's strategic location provides convenient access to US Highway 75, with proximity to major transportation hubs including DFW and DAL airports, and significant employers like Texas Instruments. Financial highlights include an asking price of $4,519,800, a price per square foot of $225, a pro-forma NOI of $271,188, and a pro-forma cap rate of 6.00%. The property is currently vacant with an occupancy date of July 1, 2024, making it ideal for owner-users or investors seeking a high-return asset in a thriving market. This is a rare opportunity to acquire a renovated, well-located industrial property below replacement cost.

Highlights

  • Collin County location.
  • Four dock-high loading docks.
  • 18-foot ceiling height.
  • Completely renovated in 2022.
  • Below replacement cost.
  • Direct access to US Highway 75.

Property Details for 820 Central Expy

Property type
Warehouses, Refrigeration & cold storage
Square Feet
20,088 SF
Year Built/Renovated
2011/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
55,321 SF
Units
1

Location Insight

City
Anna
County
Collin
State
Texas
Latitude
33.3426565
Longitude
-96.5900085
820 Central Expy, Anna, Texas

FAQs

What type of property is this?
Warehouse - 20,088 SF Warehouse, $4.5M, 6% Cap Rate
Where is the warehouse located?
The property is located at 820 Central Expy Anna, TX.
What is the asking price?
The asking price for this property is $4,519,800.
What are key features of this property?
This property features: Collin County location.; Four dock-high loading docks.; 18-foot ceiling height.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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820 Central Expy
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