1301 Northwest Highway, Garland, Texas 75041

$2,399,900
List Price
$2,399,900
MLS#
20066765
Status
ACTIVE
Type
Commercial
Year Built
1982
Construction Status
Preowned
Acres
0.734
County
Dallas
City
Garland
Subdivision
Southgate Estates

Property Description

M&D Commercial is pleased to present the exclusive offering of 1301 Northwest Highway. This 16,544 square-foot office building includes 15 suites, ranging from 232 square-feet to 2,323 square-feet. The property is also ideally situated in the heart of fast-growing Garland and is also just east of White Rock Lake. The property sits near two major highways, including Interstate 635 and Interstate 30. There is covered parking, renovated bathrooms and flooring in common areas, and an elevator. Currently 73% leased with only 4 vacant suites ready for tenants, the building is centrally located and within close distance of several nearby growing neighborhoods. This charming complex is ripe for investment and continued renovations with a focus of maximizing the potential of the property, especially considering the growth opportunity imminently coming to the Garland area.

Additional Information

Unexempt Taxes
$18,408
Tenant Pays
Other
Lot Size
31,973
Acres
0.734
Subdivided
No
Handicap Yn
Yes
Flooring
Carpet, Laminate, Tile
Foundation
Slab
Roof
Flat, Tar/Gravel
Building Stories
2
Ceiling Height Type
8 to10 Feet
Street Utilities
City Water, Electricity Connected, Other
Heating Cooling
Central
Construction Material
Brick, Concrete, Stone Veneer, Other
Parking Garage
Concrete, Covered, Garage, On Site, Open, Outside, Parking Lot, Other
Possession
Closing/Funding
Building Sq. Ft.
18255
Number of units
14
Leasable Sq Ft
18255
Occupancy Rate
73
Building Use
Food Service, Industrial, Medical, Office, Office/Warehouse, Storage Warehouse, Wholesale, Other
Zoning
Commercial - Z90
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of M&D Real Estate.