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Deep Value-Add Industrial 2457 NW Dallas St 20,400 SF 100% Leased Flex Building Grand Prairie, TX 75050 $3,631,931 CAD ($178.04 CAD/SF)
Investment Highlights
- Deep Value-Add Industrial | $3.83/SF In-Place Rents | ~67% Below Market | NOI Upside
- Well-located within the established Lower Great Southwest Industrial District, offering seamless access to major highways
- Potential to increase gross income to more than $214,000 annually and NOI to approximately $180,000-$190,000 upon achieving market rents
- Current gross income is approximately $78,200 with a current NOI of about $21,000, offering strong upside potential
- Occupancy is 100%, providing immediate income stability while pursuing future repositioning strategies
- Rents are approximately 67% below current market rates, underscoring the strong value-add component of this investment
Executive Summary
This offering presents a 20,400 SF multi-tenant small-bay industrial asset located in the Lower Great Southwest submarket of Grand Prairie, TX. The property is currently 100% occupied with significantly below-market in-place rents (~$3.83/SF), providing a rare opportunity to increase income through lease rollover and mark-to-market strategies.
The asset features a combination of grade-level and dock-high loading along with 16’–17’ clear height, making it suitable for a wide range of light industrial and service users. Its central DFW location provides strong access to Interstate 30, Highway 360, Interstate 20, and DFW Airport, supporting continued tenant demand.
This is a compelling value-add opportunity with a clear path to increasing NOI and overall asset value.
The asset features a combination of grade-level and dock-high loading along with 16’–17’ clear height, making it suitable for a wide range of light industrial and service users. Its central DFW location provides strong access to Interstate 30, Highway 360, Interstate 20, and DFW Airport, supporting continued tenant demand.
This is a compelling value-add opportunity with a clear path to increasing NOI and overall asset value.
Property Facts
| Price | $3,631,931 CAD | Lot Size | 1.84 AC |
| Price Per SF | $178.04 CAD | Rentable Building Area | 20,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 1978 |
| Property Subtype | Light Distribution | Clear Ceiling Height | 17’ |
| Building Class | B | No. Dock-High Doors/Loading | 7 |
| Zoning | F1 - Light Industrial | ||
| Price | $3,631,931 CAD |
| Price Per SF | $178.04 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.84 AC |
| Rentable Building Area | 20,400 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 7 |
| Zoning | F1 - Light Industrial |
Amenities
- Signage
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00692239 | Improvements Assessment | $2,003,592 CAD |
| Land Assessment | $233,129 CAD | Total Assessment | $2,236,721 CAD |
Property Taxes
Parcel Number
00692239
Land Assessment
$233,129 CAD
Improvements Assessment
$2,003,592 CAD
Total Assessment
$2,236,721 CAD
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Deep Value-Add Industrial | 2457 NW Dallas St
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