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4127 Mesa Dr

6,500 SF Flex Building Denton, TX 76207 $1,100,000 ($169/SF) 6.19% Cap Rate

Investment Highlights

  • +/-.55 acres of fenced and secured outside storage with automatic access gate.
  • 100% HVAC warehouse.
  • Office space with four (4)private offices, conference room and break room.
  • Great access to I-35 and HWY 380.

Executive Summary

NNN investment. Tenant is City Electric Supply, they are a private family-owned electric wholesaler with 3,400+ Employees, 630 Branches in 30 States and established in 1983.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $68,120 $10.48

Financial Summary (Actual - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $68,120
Annual Per SF $10.48

Property Facts Under Contract

Price $1,100,000
Price Per SF $169
Sale Type Investment
Cap Rate 6.19%
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 1.13 AC
Rentable Building Area 6,500 SF
No. Stories 1
Year Built 1996
Tenancy Single
Parking Ratio 3.54/1,000 SF
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 2

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • City Electric Supply
  • Wholesaler
  • 6,500 SF
  • $10.48
  • Triple Net
  • Aug 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
City Electric Supply Wholesaler 6,500 SF $10.48 Triple Net Aug 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R176228
Land Assessment
$395,176 (2023)
Improvements Assessment
$347,653 (2023)
Total Assessment
$742,829 (2023)
  • Listing ID: 33827725

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 4127 Mesa Dr, Denton, TX 76207

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