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973 Stonecrest Road, Argyle, TX 76226
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$3,100,000
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Property Details for 973 Stonecrest Road
Price
$3,100,000
Type
commercial/industrial
Year Build
2019
Lot Size
3.393
County
Denton
MLS®️ Listing#
20382621
On exitrealty.com
518 days
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!
Listing courtesy: SUMMIT, REALTORS - 347-878-2526. Presented by: Daniel Bode
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided through IDX by the North Texas Real Estate Information Systems (NTREIS).
Last Updated: 2024-11-14 10:28:15
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