Green Street Business Park 1518 Navo Rd 54 777 pi² 100% Loué Industriel Immeuble Aubrey, TX 76227 17 426 699 $ CAD (318,14 $ CAD/pi²) 7% Taux de capitalisation

Green Street Business Park is a ±54,777-square-foot multi-tenant small-bay industrial property in Aubrey, Texas, positioned along the rapidly growing Highway 380 corridor. Built in 2022, the Property includes 20 suites averaging ±2,739 square feet, with 38 grade-level doors, 15’7” clear height, and approximately 85% of the suites fully air-conditioned. Located less than one mile north of Highway 380, the Property is surrounded by affluent and fast-growing residential communities, providing strong access to the expanding northern Dallas-Fort Worth suburbs.
The Property offers a compelling value-add opportunity with average in-place rents of $16.24/SF versus verified market rents of $19/SF to $21/SF NNN, plus a current waiting list of 12 prospective tenants. Offered at a 7.0% in-place cap rate and an 8.8% Year-6 pro forma cap rate, with a WALT of less than 23 months, the deal provides investors the ability to capture near-term mark-to-market rental growth. Combined with recent construction, limited competing supply, and no nearby industrial-zoned land for new development, Green Street Business Park is well positioned to benefit from continued growth across the North Dallas–Fort Worth region.