973 Stonecrest Road Pending Save Request In-Person Tour Request Virtual Tour
Argyle,TX 76226
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Subdivision Frasher Addn
MLS Listing ID 20382621
Total Fin. Sqft 26000
Year Built 2019
Lot Size 3.393 Acres
Acres 3.393
Property Description
Rare commercial opportunity in Argyle, Owner Agent relocating! Sell all or Part! A 3.4 acre property with 26,000 square feet of flex space with existing pad sites to add an additional 10,000 square feet or utilize for RV or Boat Storage. Currently 100% leased at 30% or more under current market rates, with cash flow of over $18,000 per month, current cap rate is 6.5%. There have been only 3 vacancies in the past 5 years, none having duration of more than a week or two. The buildings are newer, ranging from 1 to 5 years old and demised into 1,250 to 2,500 sq ft units, aggressively priced at under $120 per sq ft.
This property is located in a growth area near FM407 and 35W in unincorporated Denton County, surrounded by multiple commercial and new housing projects including, Canyon Falls, Pecan Square, Harvest Meadows, Robison Ranch and more even larger additions being added very soon in Northlake and Flower Mound. Come check it out today!
Location
State TX
County Denton
Zoning Unincorporated mixed use
Direction From 35W go East on FM407 1 mile to Stonecrest Road turn South to 973 Stonecrest Road. From FM1171 Turn North on Hwy 377 to Canyon Falls Road, Turn North on Stonecrest Road to 973 Stonecrest Road.
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Heat Source Electric
Exterior
Utilities Available Aerobic Septic,Cable Available,City Water,Co-op Electric,Concrete,Electricity Available,Electricity Connected,Gravel/Rock
Roof Type Metal
Parking Type Additional Parking,Assigned,Gravel
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
Ownership DJB Investment Group LLC