1000 Airport_Property for Sale
1000 Airport_Property for Sale
1000 Airport Road, Terrell, TX, 75160, US

1000 Airport

Asset description

Jones Lang LaSalle Americas, Inc.(“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire 1000-1004 Airport Road (the “Property”), comprised of 66,219 square feet of industrial space in Terrell, Texas. The asset is 100% leased to Madix (39,268 SF) and SBS America (26,951 SF) with a remaining weighted average lease term of 2.9 years. With the ability to push rates over 15.6% upon expiration, potential investors have the opportunity to capitalize on strong demand and rent growth in the Dallas-Fort Worth Metroplex.

Since 2024, the current ownership has invested ~$180K into the Property, offering investors with contractual in-place cash flow with minimal need for future capital expenditures.

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Attributes

Building area net
6,152 sm
Occupancy
100%
WAULT
2.9 years
Land area gross
1.42 ha

Media

Investment highlights

  • 2.9 Year Lease Term
  • 3.1%-3.7% Annual Rent Increases
  • 115.6% Below Market Distribution Facility
1000 Airport 4_Property for Sale

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Last updated
Feb 5, 2025