$3,428,571 USDColliers International is pleased to present the opportunity to acquire a single-tenant industrial building located in Arlington, Texas. Built in 1985 the building has 58,841 rentable square feet of high quality industrial warehouse space. The property is currently 100 percent occupied, with 9 years left on the lease, providing a long stable investment with annual increases after two years. The property is prominently positioned at 1721 Susan Drive in the Mid-Cities between Dallas and Fort Worth and is bordered by many highways (360, W. Pioneer Pkwy, 161 and I-30) making transportation convenient throughout the entire DFW Metroplex.Dallas Fort Worth is home to the country’s third largestindustrial market and shows no signs of slowing down. The industrial market is experiencing explosive growth and development in the immediate vicinity. Thesubmarket boasts strong industrial fundamentals making this a highly desirable location and causing strong demand for Industrial properties in the area.1721 Susan Drive is a stable property with a strong return. This is an excellent opportunity for potential investors to purchase a minimally management intensive property that provides great cash flow. Texas is an income tax free state, providing additional benefits for investment. This type of asset is appealing to banks and financial institutions, and debt quotes are available.
