13618 - 13632 neutron road

FOR SALE:
$1,450,000 ($69.05 PSF)
R AT E : 8 . 2 3 %
13618 - 13632 NEUTRON ROAD
FARMERS BRANCH, TEXAS
21,000 Square Feet
|
100% Leased
|
16’ Clear Height
|
Dock High Loading
OVERVIEW
S T REAM I 2
Stream Realty Partners, L.P. is pleased to exclusively offer for sale to qualified
buyers a 100% fee simple interest in 13618 – 13632 Neutron Road in Farmers
Branch, Texas (“Property”). The property is a rear-load light industrial building
on approximately 1.238 acres of land, with 21,000 square feet of space, 100%
leased to six (6) tenants. The roof was replaced in 2013 and the exterior of the
property was painted in 2014, creating a hassle free investment in the heart of
D/FW.
The Property is located in the highly desirable Metropolitan/Addison industrial
submarket in close proximity to the Dallas North Tollway to the east and Interstate
635 to the south. The Metropolitan/Addison industrial submarket currently
boasts a 2.60% vacancy rate for warehouse product and a 6.70% vacancy rate for
shallow-bay distribution product as it has greatly benefited from the improving
economy and strength of small to medium sized businesses.
•
•
•
•
Multi-tenant limits risk through business diversification
Excellent in-fill location with captive tenant audience
Close proximity to affluent neighborhoods, the Dallas N. Tollway & I-635
Recent base building improvements limit future capital expenses
PROPERTY SPECIFICS
Sigma Rd
od R
d
Welch Rd
Beta Rd
Omega Dr
Neutron Rd
Gamma Rd
Alpha Rd
Dallas North Tollway
Inwo
Midway Rd
N
Spring Valley Rd
Simonton Rd
McEwen Rd
635
13 61 8-13632 NEU TRO N R O A D
Lyndon B. Johnson Fwy
Rentable Square Feet:
21,000
Land:
1.238 acres
Leased:
100%
Year Built:
1970
Clear Height:
16’
Loading:
Eight (8) rear-load, dock high doors
Tenants / Vacancies:
Six (6) / Zero (0)
Roof Age:
2013
Sub-Market:
Metropolitan/Addison Industrial Submarket
DALLAS CBD
N
S T REAM I 3
PRESTON CENTER
DALLAS NORTH TOLLWAY
MIDWAY ROAD
635
LYNDON B.
B. JOHNSON
JOHNSON FREEWAY
FREEWAY
LYNDON
13618 - 13632 NEUTRON
1 36 18 - 13632 NEU TRO N R O A D
BUILDING CHARACTERISTICS
A DD RE S S 13618 – 13632 Neutron Road, Farmers Branch, TX 75006
YEA R B U ILT
1970
ZON IN G
LI – Light Industrial District
CON STRU CTION Concrete tilt-up
The property is located in close proximity to The Dallas North Tollway and Interstate 635
L OA DIN G
Eight (8) rear load, dock-high doors
CL EA R H EIGH T
16 feet
BU ILDI N G S I Z E 21,000 square feet
U TIL ITIES
Separately metered
LA ND ARE A
1.238 acres
OFFICE
FL OORS
One (1)
KITCHEN
104.5’
A CCES S Two curb cuts on the northwest and southwest corners of the property provide access to the building. Access off of Neutron Road is provided by Sigma Road to the north and Alpha Road to the south, both of which connect to more major thoroughfares.
M
104.5’
STORAGE
W
M
M
M
W
13624
ia Systems
625 SF
0% WH
S T REAM I 4
W
W
W/M
M
#13622
#13622
Edison Optics Burns Control
2,625 SF
1,750 SF
45% WH
100% WH
W
#13618
Psycho Gym
3,500 SF
95% WH
Warehouse (WH)
13 61 8-13632 NEU TRO N R O A D
#13628 -32
Redd’s Dugout
7,875 SF
#13626
Accessory By Design
2,625 SF
#13624
Texadia Systems
2,625 SF
95% WH
25% WH
40% WH
#13622
#13622
Edison Optics Burns Control
2,625 SF
1,750 SF
45% WH
100% WH
#13618
Psycho Gym
3,500 SF
95% WH
Warehouse (WH)
C O N F I D E N T I A L I T Y S TAT E M E N T A N D D I S C L A I M E R
S T REAM I 5
The information contained in this package is furnished solely for the purpose of review by a prospective purchaser of 13618 – 13632 Neutron Road in
Dallas, Texas (the “Property”) and is not to be used for any other purpose or made available to any other person without the express written consent
of Stream Realty Partners, L.P. The information contained in this package is from sources deemed reliable, but is not guaranteed by Stream Realty
Partners, L.P. in any way and is subject to change in price, corrections, errors and omissions, prior sale, or withdrawal without notice. Summaries of any
documents are not intended to be comprehensive or all-inclusive, but rather a general outline of the pertinent provisions contained herein. Prospective
purchasers should rely upon their own financial projections and conclusions without reliance upon the material contained herein and conduct their
own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence
of any potentially hazardous material used in the construction or maintenance of the Property or located at the site. No copies of this package may be
made in whole or in part without the prior written consent of Stream Realty Partners, L.P. This package is the property of Stream Realty Partners, L.P.
and may be used only by parties approved by Stream Realty Partners, L.P. The Property is privately offered and, by accepting this package, the party
in possession hereof agrees that the package and its contents are of a confidential nature and will be held and treated in the strictest confidence.
INVESTMENT SALES
MARKET EXPERTS
Jamie Jennings
[email protected]
James Mantzuranis
[email protected]
Caitlin Clinton
[email protected]
Todd Poticny
[email protected]
214.267.0452
214.267.0494
214.267.0431
214.560.5116
SUBMIT TOUR REQUESTS AND OFFERS TO:
Jamie Jennings or James Mantzuranis
Facsimile: (214) 210-1452 or (214) 210-1415
[email protected]; [email protected]
1 36 18 - 13632 NEU TRO N R O A D