2319 Sterling Ct | 2319 Sterling Ct
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2319 Sterling Ct 2319 Sterling Ct
10,000 SF Industrial Building Arlington, TX 76012 For Sale
Investment Highlights
- Tilt-up concrete construction
- Dock loading
- Metal roof
Executive Summary
Versatile industrial building in the heart of Arlington and the DFW metroplex. Current tenant's lease expires at the end of July 2025. The tenant has expressed a desire to renew, although the lease does not grant automatic renewals.
Built in 1983, the owners have over the past two years made recent improvements to the exterior and roof.
Excellent opportunity for an investor to negotiate a new lease with the current tenant in good standing, brining current rents up to market, or go to market with a highly sought after warehouse asset.
At 10,000 SF this building is going to be attractive to a large number of tenants and users.
Built in 1983, the owners have over the past two years made recent improvements to the exterior and roof.
Excellent opportunity for an investor to negotiate a new lease with the current tenant in good standing, brining current rents up to market, or go to market with a highly sought after warehouse asset.
At 10,000 SF this building is going to be attractive to a large number of tenants and users.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Front Loading
- Security System
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- ACE Westlake
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| ACE Westlake | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 03126900 | Total Assessment | $519,100 (2024) |
| Land Assessment | $29,374 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $489,726 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
03126900
Land Assessment
$29,374 (2024)
Improvements Assessment
$489,726 (2024)
Total Assessment
$519,100 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | LI-Light Industrial (research, light industrial, processing, warehousing and other indoor LI uses, as well as supporting business and office uses. source: arlingtontx.gov) |
| LI-Light Industrial (research, light industrial, processing, warehousing and other indoor LI uses, as well as supporting business and office uses. source: arlingtontx.gov) |
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2319 Sterling Ct | 2319 Sterling Ct
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