16304 Midway Rd 8,575 SF Industrial Building Addison, TX 75001 $3,071,024 CAD ($358.14 CAD/SF) 7% Cap Rate

**Property Description: Versatile Commercial Space at 16304 Midway Rd, Addison, TX**
Discover a prime commercial property in the heart of Addison, Texas, offering exceptional opportunities for businesses in need of a used car lot dealership or industrial warehouse space. Strategically located at 16304 Midway Rd, this property combines excellent accessibility, versatile functionality, and a high-visibility location to elevate your business operations.
Key Features
- **Premier Location:** Situated on bustling Midway Rd in Addison, a vibrant business hub, with easy access to major highways, including the Dallas North Tollway and President George Bush Turnpike.
- **Generous Lot Size:** Ample outdoor space ideal for showcasing inventory for a used car lot, vehicle storage, or flexible industrial use.
- **Multi-Purpose Facility:** The property is well-suited for various industries, including automotive sales, service centers, distribution, or warehousing.
- **High Traffic Visibility:** Located on a busy commercial corridor with significant vehicle and pedestrian traffic, ensuring maximum exposure.
- **Infrastructure-Ready:** Equipped with essential utilities and zoning approvals to support dealership operations or industrial workflows.
- **Expansion Potential:** The spacious lot allows room for additional structures or modifications to meet your business needs.
Why This Property?
This property is a unique investment opportunity for business owners looking to establish or expand their operations in one of Addison’s most desirable commercial areas. With its flexible use potential, strategic location, and excellent lot size, 16304 Midway Rd is the canvas for your next success story.

**Prime Commercial Property with Adjacent Development Potential – 16304 Midway Rd, Addison, TX**
Unlock the full potential of this exceptional commercial property in the thriving business hub of Addison, Texas. Located at 16304 Midway Rd, this property offers a versatile space ideal for a used car lot dealership, industrial warehouse, or a variety of other commercial uses. With additional adjacent land and development opportunities, this property is a rare find for savvy investors and business owners.
Key Property Highlights
- **Strategic Location:** Situated on bustling Midway Rd with high visibility and easy access to major highways, including the Dallas North Tollway and President George Bush Turnpike.
- **Generous Lot Size:** The property includes a main operational area with ample space for vehicle display, storage, or industrial activities.
- **Adjacent Land for Expansion:** An additional **23,958 square feet** of adjacent land provides the opportunity to expand parking or operational capacity.
- **Development Opportunity:** The adjacent land features an open drainage area, which, with strategic improvements and investment, can be covered to create **significant additional parking spaces** or other enhancements to maximize utility.
- **Flexible Use:** Ideal for a wide range of business applications, including automotive sales and service, warehousing, or distribution facilities.
- **High-Traffic Visibility:** Located along a busy commercial corridor with excellent exposure to both vehicle and pedestrian traffic.
Concept Plan for Growth
A conceptual site plan highlights the potential to transform the adjacent land into expanded parking or additional operational space. With modest infrastructure improvements, this property can be elevated to fully optimize its commercial potential and accommodate growing business needs.
Why Choose 16304 Midway Rd?
This property represents a unique opportunity to secure a prime location with built-in expansion potential in one of Addison’s most sought-after commercial areas. Its strategic location, versatile layout, and development options make it the perfect foundation for your business's success.
**Contact us today** to schedule a tour and explore how this property can meet your business goals!
**Don’t miss this opportunity to secure a commercial property that works as hard as you do.**
For inquiries or to schedule a tour, contact us today!