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FOR SALE OFFICE WAREHOUSE Exclusive Offering Memorandum

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Presentation on theme: "FOR SALE OFFICE WAREHOUSE Exclusive Offering Memorandum"— Presentation transcript:

1 FOR SALE OFFICE WAREHOUSE Exclusive Offering Memorandum
707 SHEPHERD , GARLAND, TEXAS Exclusive Offering Memorandum The Lam Group Real Estate Investment Brokerage Services Raymond Y. Lam CCIM, AIA [214] ∣ [214] ∣

2 Confidentiality Agreement
707 Shepherd dr. garland, Tx. Confidentiality Agreement The information contained in this Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from the Lam Group and should not be made available to any other person or entity without the written consent of The Lam Group. The Marketing Brochure has been prepared to provide summary, unverified information to prospective purchaser, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation, The Lam Group has not made any investigation, and makes no warranty or representation, with respect to the income or expense for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, The Lam Group has not verified, any of the information contained herein, nor has The Lam Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential Purchaser must take appropriate measures to verify all of the information set forth herein. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY PLEASE DO NOT DISTURB OR CONVERSE TO TENANTS CONSULT THE LAM GROUP EXCLUSIVELY FOR FUTURE DETAILS. This information has been secured from sources we believe to be reliable, but The Lam Group or it Agent(s) make not representations or warranties, expressed or implied , as to the accuracy of the information. References to square footage or age are approximate, Purchaser must verify the information and bears all risk for any inaccuracies and inconsistencies.

3 Front View – Shepherd Drive
North Elevation

4 707 SHEPHERD Investment Highlights ------------------------------
▪ Strong Light Industrial Service Area ▪ Upside Potential with Rent Adjustment ▪ Proximity to 635, Plano Road, Jupiter and Skillman E-W & N-S thoroughfares ▪ Excellent Accessibility ▪ Multi-Tenancy Building ▪ Stable Tenants ▪ Offered Free & Clear 707 Shepherd Drive, Garland, Texas Land Area : 0.65 Acre 28,485 sf Building: 9,900 s.f. Zoning: Industrial SALE PRICE: $ 700,000 This information has been secured from sources we believe to be reliable, but The Lam Group or it Agent(s) make not representations or warranties, expressed or implied , as to the accuracy of the information. References to square footage or age are approximate, Purchaser must verify the information and bears all risk for any inaccuracies and inconsistencies.

5 SITE LOCATION SITE ARIAL Site SITE Forest Lane Easy Chairman Shepherd
Jupiter Plano Road Easy SITE ARIAL

6 Survey

7 707 Shepherd Drive Garland, Texas
FINANCIAL INFORMATION Gross Annual Rental Income (Current) : ,214 ADD: Trash Reimbursement 1,220 LESS: % Vacancy (2,737) Annual Rental Income: ,697 Annual Operating Expenses : 2018 Real Estate Taxes 7,941 Insurance 4 ,300 Maintenance / Trash 1,344 (13,585) ANNUAL NET INCOME (Current): ,112 RETURN ON INVESTMENT (Current): %

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