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2400 WEST MARSHALL DRIVE GRAND PRAIRIE, TEXAS 75051. 111,428 SF Fully Air-Conditioned Newly resurfaced parking (6/1000+) Leased to Lockheed Martin since 1987 for Research and Development $8,400,000 (9.25 Cap on NOI of $780,000) - PowerPoint PPT Presentation
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SINGLE TENANT BUILDINGLEASED TO LOCKHEED MARTIN THROUGH MARCH 31, 2017
INVESTMENT OPPORTUNITY
2400 WEST MARSHALL DRIVEGRAND PRAIRIE, TEXAS 75051
John Brewer817 987 [email protected]
Brian Gilchrist817 987 [email protected]
2221 East Lamar BoulevardSuite 170Arlington, Texas 76006817 987 4400
Exclusive marketing by:
BUILDING AREA:
111,428 SF
LAND AREA: 9.5 Acres
YEAR BUILT: 1975
CONSTRUCTION:
Masonry
HVAC: 100%
LOADING: Side Load
CLEAR HEIGHT:
18’
111,428 SF Fully Air-Conditioned Newly resurfaced parking
(6/1000+) Leased to Lockheed Martin since
1987 for Research and Development
$8,400,000 (9.25 Cap on NOI of $780,000)
Publicly Traded Tenant (NYSE: LMT) with $46 B in Net Sales in 2011 and $47 B in 2012
Highway 161 recently completed in 2013 providing outstanding access to the building in addition to what I-30, I-20, Highway 183 and Highway 360 already provide
Outstanding Location: 10 Miles from DFW
International Airport 16 Miles from Dallas 16 Miles from Fort Worth 3 Miles from Arlington’s
Entertainment District Call 817 987 4403 to request
more detailed information
I-30
I-20
360
161
SINGLE TENANT BUILDINGLEASED TO LOCKHEED MARTIN THROUGH MARCH 31, 2017
© 2013 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
INVESTMENT OPPORTUNITY
John Brewer817 987 [email protected]
Brian Gilchrist817 987 [email protected]
2221 East Lamar BoulevardSuite 170Arlington, Texas 76006817 987 4400
Exclusive marketing by:
This property is located in the south-central portion of the Great Southwest Industrial District (“GSW”) which, at just under 93 million square feet, is one of the largest industrial districts in the United States.
GSW is the most centrally located industrial district in the Dallas-Fort Worth area. It is located just south of Dallas-Fort Worth International Airport and virtually equidistant from Dallas and Fort Worth making it strategically located to serve multiple markets and attract quality labor.
The GSW market has performed very well in the past two years with vacancy dropping to a five-year low of 8%.
The current Tenant, Lockheed Martin, has been a long-standing Tenant in the area occupying approximately 2.5 Million SF, all within a 1.5 mile radius of the subject property.
I-30
I-20
SOUTH BELTLINE ROAD161
Lockheed Martin Campus
2400 West Marshall Drive
COLLINS STREET 360
