Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire 11128/11218/11220 Limestone Drive and 11323 Allumbaugh Drive (the “Property”), a four-building, 86,250 square-foot industrial facility that is located within DFW’s dominant East Dallas/Mesquite Industrial Market. The Property is 100% leased to two tenants: Binford Supply Inc. and BFK Enterprises with 4.7 years of weighted average lease term remaining and in-place rents 17% below market. With a location just inside I-635, in the heart of Texas’ major industrial market, the Property offers unparalleled access to surrounding demand drivers and national thoroughfares. The Property presents investors a unique opportunity to acquire at a discount to replacement cost while featuring a strong submarket with excellent access to labor along with stable tenancy and predictable cash flow.
- Strong Submarket With Excellent Access to Labor
- Stable In-place Cash Flow
- 100: Occupancy
- Resilient Tenant Base Through Covid
- 4.7 Year WALT With Mark-to-Market Potential