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703 NW Mustang Dr

10,000 SF Industrial Building Andrews, TX 79714 $1,903,521 CAD ($190 CAD/SF) 10% Cap Rate

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Investment Highlights

10,000 sf total on a 2-acre lot (2,000 sf office/8,000 sf warehouse)
Employee units on Site
Yard Lighting and Fuel Dock

3% Rent Bumps through Jan. 2027
6 Drive-In Bays w/14’ Electric Overhead Doors
(2) 500 lbJib Cranes

Executive Summary

This property totals 10,000 SF on 2 Acres. There is 2,000 SF of office space including three private offices, a break room, conference room, and a waiting area with built in secretarial desk. The 8,000 SF warehouse has 6 drive-in bays, (2) 500-pound jib cranes, locker room, shop fans, and shop heaters. There are utility connections for (2) 7-room camp trailers with separate septic. The property also has laundry facilities and a fuel dock. The yard is compacted rock, fully fenced, and fully lit with pole lights. There are two electric gates on Mustang Dr and another at the rear of the property for access to Sunset St. This makes it convenient for trucks to drive
through the property. The property is in a great location for any type of service.

Flyer - Andrews Texas Industrial

Property Facts

Price	$1,903,521 CAD	Lot Size	2.00 AC
Price Per SF	$190 CAD	Rentable Building Area	10,000 SF
Sale Type	Investment NNN	No. Stories	1
Cap Rate	10%	Year Built/Renovated	1965/2019
Sale Conditions	1031 Exchange	Tenancy	Single
Property Type	Industrial	Clear Ceiling Height	15 ft
Property Subtype	Warehouse Industrial Service	No. Drive In / Grade-Level Doors	8
Building Class	B

Price	$1,903,521 CAD
Price Per SF	$190 CAD
Sale Type	Investment NNN
Cap Rate	10%
Sale Conditions	1031 Exchange
Property Type	Industrial
Property Subtype	Warehouse Industrial Service
Building Class	B
Lot Size	2.00 AC
Rentable Building Area	10,000 SF
No. Stories	1
Year Built/Renovated	1965/2019
Tenancy	Single
Clear Ceiling Height	15 ft
No. Drive In / Grade-Level Doors	8