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4417 Forest Ln Garland, TX 75042

High-Occupancy Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Garland, Texas retail property, totaling 93,620 square feet, presents a compelling investment opportunity. The property consists of 14 buildings situated on a 2.36-acre lot, featuring 514 non-climate-controlled storage units and 5 commercial spaces. Currently boasting an 89% unit occupancy and a remarkable 107% economic occupancy, the commercial spaces maintain a 100% historical occupancy rate. The average non-climate unit size is 170 square feet. With 6,355 square feet currently vacant, this presents a chance to increase revenue. Built in 1973, the property includes concrete drives, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an on-site office, ensuring security and convenience. Its prime location in Garland, within the Dallas MSA, benefits from a strong demographic profile, with 415,550 people residing within a 5-mile radius and an average household income of $93,579. The property enjoys proximity to major retailers like McDonald's and Whataburger, and is conveniently located 0.2 miles from these establishments, 1.5 miles from Interstate 635, and 13.8 miles from downtown Dallas. The property is available for sale individually or as part of a larger portfolio. Dallas County APN numbers are 26277500010010000 and 26543700010010000.

Highlights

  • Garland, TX (Dallas MSA)
  • $93,579 Average Household Income (5-mile radius)
  • 415,550 Population (5-mile radius)
  • Proximity to McDonald's, Taco Bell, and Whataburger
  • 1.5 miles to I-635
  • 13.8 miles to Downtown Dallas

Property Details for 4417 Forest Ln

Property type
Retail properties
RSF (Rentable sq. ft)
93,620 SF
Year Built
1973
Buildings
14

Unit(s) available at that property

Space
Space
Size
6,355 SF

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.9096552
Longitude
-96.6983919

FAQs

What type of property is this?
Retail property - High-Occupancy Retail Investment
Where is the retail property located?
The property is located at 4417 Forest Ln Garland, TX.
What are key features of this property?
This property features: Garland, TX (Dallas MSA); $93,579 Average Household Income (5-mile radius); 415,550 Population (5-mile radius)
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4417 Forest Ln
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