For Sale
$5,115,000

2855 Trinity Square DrCarrollton, TX 75006

Carrollton, TX Flex Space Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional value-add opportunity presents two buildings totaling 31,752 square feet on a 2.214-acre lot in Carrollton, Texas. The Class B property, built in 1985, features a mix of flex, manufacturing, and R&D space, currently 50% occupied with a NNN lease in place. The property boasts 14-foot ceilings, ample parking, a convenient truck court, and easy access to major highways. Located in the desirable Carrollton/Addison submarket of North Dallas, this property offers significant upside potential through lease-up of the vacant space. The two single-story buildings are zoned for light industrial use and offer a versatile layout suitable for a variety of businesses. Each unit is priced at $2,557,500, with a total asking price of $5,115,000, representing $161.09 per square foot. The property's prime location in a built-out submarket, coupled with its existing income stream and potential for increased occupancy, makes it an attractive investment for owner-users or investors seeking a value-add opportunity. The current tenant's lease includes built-in rent increases, further enhancing the investment's long-term value. The property's attractive landscaping and convenient amenities, including ample parking and a truck court, add to its appeal. This is a rare opportunity to acquire a well-located, versatile industrial property in a highly sought-after area of North Dallas.

Highlights

  • $5,115,000 asking price for a value-add industrial property in a desirable Carrollton, TX location.
  • 50% occupied with existing NNN lease providing immediate income and significant upside potential through lease-up.
  • Prime location in the affluent Carrollton/Addison submarket of North Dallas, offering access to a strong workforce and customer base.
  • Versatile 31,752 SF flex space (office and warehouse) with two loading docks, ideal for owner-users or investors.
  • Exceptional value; below replacement cost in a built-out submarket with ample parking, convenient truck court, and easy highway access.

Property Details for 2855 Trinity Square Dr

Property type
Life science properties, Industrial properties
Square Feet
31,752 SF
Class
B
Year Built
1985
Buildings
2
Stories
1
Lot Size (sq. ft)
96,442 SF
Units
2

Location Insight

City
Carrollton
County
Dallas
State
Texas
Latitude
32.9841286
Longitude
-96.8524336
2855 Trinity Square Dr, Carrollton, Texas

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2855 Trinity Square Dr
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