For Sale
$1,600,000

2604 Marshall Dr Grand Prairie, TX 75051

10,000 SF Flex Building, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 10,000 square foot flex building situated on a 0.61-acre lot in Grand Prairie, Texas. The property, located at 2604 W. Marshall Dr., 75051, is classified as Class C industrial and features a multi-tenant configuration. Built in 1985, the single-building property is zoned for Light Industrial (LI) use and offers four 2,500 square foot suites. Each suite provides convenient grade-level access via four exterior doors. Ample parking is available, with a ratio of 2.9 spaces per 1,000 square feet. The building is currently multi-tenant occupied, with lease expirations staggered throughout the year (November 24th, April 25th, December 25th, and January 27th). The asking price is $1,600,000. While the current Net Operating Income (NOI) is $0 and the cap rate is 0.00%, this presents a unique opportunity for an investor to reposition the property and maximize its income potential. The property's location in Grand Prairie, within Dallas County, offers excellent access to major transportation arteries and a thriving local economy. This freestanding rear-load flex quadplex presents a strong value-add opportunity for a savvy investor seeking a multi-tenant industrial property in a desirable Texas location.

Highlights

  • Freestanding 10,000 SF rear-load flex quadplex in Grand Prairie, TX.
  • Four (4) 2,500 SF suites.
  • Leases expire November 24th, April 25th, December 25th, and January 27th.
  • Four (4) grade-level access doors.

Property Details for 2604 Marshall Dr

Property type
Industrial properties, Flex space
Square Feet
10,000 SF
Class
C
Year Built
1985
Buildings
1
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Grand Prairie
County
Dallas
State
Texas
Latitude
32.720991
Longitude
-97.044484

FAQs

What type of property is this?
Industrial property - 10,000 SF Flex Building, Multi-Tenant
Where is the industrial property located?
The property is located at 2604 Marshall Dr Grand Prairie, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Freestanding 10,000 SF rear-load flex quadplex in Grand Prairie, TX.; Four (4) 2,500 SF suites.; Leases expire November 24th, April 25th, December 25th, and January 27th.
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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2604 Marshall Dr
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