1323 Brookside DrGlenn Heights, TX 75154

Property Details for 1323 Brookside Dr

Year built

1984

Construction

STEEL FRAME

Lot size

6.03 AC

Property size (Sq ft)

7,000 SF

Zone code

Z31

Property type

Warehouses

Property subtype

Self storage facilities

APN

60248500020110000

APU

60248500020110000

Description

This exceptional investment opportunity presents a fee simple interest in a 12,000-square-foot truck parking facility situated on a 6.03-acre lot in Glenn Heights, Texas. The property, built in 1984, features a single-story building and is currently 100% occupied under a 5-year absolute NNN lease (expiring December 14, 2028, with 4.1 years remaining). The lease includes significant rent bumps: 23% initially, followed by 4.76% annual increases. The tenant, Brookside Truck Parking, utilizes the property for outside storage, with ample gravel parking suitable for Class 8 heavy-duty tractors. The property includes fencing, an access gate, and is strategically located on Interstate 35, just five miles south of the I-20 interchange and one mile north of the proposed Loop 9 Southeast Project, benefiting from its proximity to major freight routes and significant industrial inventory within a six-mile radius. This prime location within the Dallas-Fort Worth metroplex offers substantial growth potential and a stable income stream in a state with no income tax. Lease options include one and three-year extensions. The property's robust infrastructure and advantageous location make it an ideal investment for discerning buyers seeking strong returns and long-term stability. The property includes an 8,000 square foot multi-bay service building.

• Alternative Use

  Use

  Valuation

  Residential

  $1,366,528

  Hospitality

  $1,251,732

  Educational

  $1,041,426

  Medical

  $1,077,243

  Retail

  $1,619,997

Location Insight

City

Glenn Heights

County

Dallas

State

Texas

Latitude

32.5637

Longitude

-96.8249

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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