For Sale
Call for price

2005 Industrial BlvdRockwall, TX 75087

Multi-Tenant Warehouse, 325,300 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully leased, 325,300-square-foot multi-tenant warehouse portfolio situated on a substantial 59.08-acre lot in Rockwall, Texas. The property comprises ten buildings constructed between 1976 and 1997, featuring a mix of 28 drive-in and 22 dock-high doors, and impressive ceiling heights ranging from 16 to 20 feet. Currently boasting 100% occupancy across its 20 units, this Class B industrial property benefits from a modified lease structure. The strategic location on Industrial Boulevard, near the intersection of Interstate 30, offers convenient access to major transportation arteries, including the President George Bush Turnpike and Interstate 635. An additional 37.5 acres of land, including approximately 24.8 acres suitable for development (subject to any applicable zoning and permitting requirements), presents significant potential for future expansion or redevelopment. The property's current tenant base includes a significant anchor tenant. This offering presents a rare opportunity to acquire a well-positioned, income-producing industrial asset with substantial upside potential in a strong submarket characterized by low vacancy rates. Detailed financial information and lease terms are available upon request.

Highlights

  • Fully leased, 325,300 SF multi-tenant warehouse portfolio on 59.08 acres in Rockwall, TX.
  • Features 20' clear height ceilings, 28 drive-in doors, and 22 dock-high doors, plus 108 parking spaces.
  • 100% occupancy with below-market rents and short-term leases; anchored by a 3PL tenant.
  • Includes 37.5 additional acres for future development, with strong submarket fundamentals (1.2% retail, 5.7% office, 7.5% industrial vacancy).

Property Details for 2005 Industrial Blvd

Property type
Warehouses, Industrial properties
Square Feet
325,300 SF
Class
B
Year Built
1976
Buildings
10
Lot Size (sq. ft)
2,573,525 SF
Units
20

Location Insight

City
Rockwall
County
Rockwall
State
Texas
Latitude
32.9161414
Longitude
-96.4426952
2005 Industrial Blvd, Rockwall, Texas

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2005 Industrial Blvd
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