Commercial Investment Flex Property for Sale
Coppell, Texas Part of Four Industrial Property Portfolio for Sale Purchase with Up to 3 Other Properties |
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General
Information
Crestside Business Park 1203 Crestside Drive Coppell, TX 75019 click here for map Building Type: Flex Construction Type: tilt slab YOC: 1986 County: Dallas Zoning: LI (Light Industrial), Coppell Sale Information Total SF: 46364 Available SF: 2155 Sale Price: $3,477,300.00 |
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Property Description
Crestside Business Park (the “Property”), is a 46,364 square foot Class B, single-story flex building for sale in Coppell, Texas. Zoned industrial research, the building is 95% occupied and well-suited for a flex research and development user seeking space in the heart of the Dallas/Fort Worth metropolitan area. Crestside Business Park benefits from a superb location immediately west of Cypress Waters, the dynamic 1,000 acre mixed-use development being constructed along the shores of North Lake. When completed, the live/work community will connect over 4.5 million square feet of commercial/retail space and 10,000 residences with schools, parks, trails and a lakeside town center. The first 150,000 square foot office building in Cypress Waters is currently under construction with an expected completion date of July 2014. A few blocks from both Interstate 635 and Belt Line Road, Crestside Business Park has convenient access to a network of freeways, DFW International Airport just to the south, and a substantial employment base. This Coppell, TX commercial property for sale is surrounded by several large residential communities such as Valley Ranch and Hackberry Creek and sits within minutes of a high concentration of Fortune 500 companies, including Commercial Metals, Fluor, ExxonMobil and Gamestop. Tenants and residents in the high-growth area are well-served by a wide range of retail, restaurants and entertainment venues. This commercial property for sale offering presents investors with the ability to purchase a value-add asset in an emerging Dallas submarket next to the master-planned business and residential community of Cypress Waters. An owner will benefit from the opportunity to adjust rental rates at Crestside Business Park over the next few years as tenant leases expire or renew at a time when the Cypress Waters corporate campus could be driving significant demand to the area. This property can also be purchased as part of a midwest industrial portfolio of properties for sale. Please see links for the additional properties in this portfolio including commercial, industrial, flex property for sale in Coppell, TX, Saint Joseph, MO, Schaumburg, IL,and Northbrook, IL. The portfolio currently consists of four commercial, industrial, flex properties for sale totaling approximately 234,828 square feet in four midwest commercial markets. The current offering price for the combined fourindustrial flex properties for sale is $13,272,136. |
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Improvements
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Access: Lyndon B Johnson Freeway, Freeport Parkway, Wrangler Drive Floors: 1 Parking: 104 HVAC: Rooftop HVAC Clear Height: 15' |
Ground Level: Seven (7) Outside Storage: No Maximum Contiguous SF: 2155 Minimum Available SF: 2155 Site Size: 128078 Present Occupant(s): 95% |
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Additional Information
Additional Portfolio Property for Sale - Commerce Center, Schaumburg, IL Additional Portfolio Property for Sale - Corporate Center, St Joseph, MO Addiitional Portfolio Property for Sale - 1808 Holste Road, Northbrook, IL |
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Contact: Bryan Sperry Phone: (303) 592-1050 |
Sperry Properties Inc. |
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click here for site plan |
The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement