Trinity Center Business Park

Investment Overview

Trinity Center Business Park (the “Property”) is a ±12,012-square-foot, multi-tenant small-bay industrial asset located in Sachse, Texas. The Property consists of nine suites that are 100% occupied by eight tenants. Seven tenants are on NNN leases, and one is on a modified gross lease, with a Weighted Average Lease Term (WALT) of 23 months. The Property is offered at an attractive 7.0% in-place cap rate with a Year-5 pro forma cap rate of 8.6%. Submarket vacancy is just 4.9% and rents are forecasted to grow an average of 2.72% annually through 2030 (CoStar). The building is masonry construction and is configured for small-bay tenants, with an average suite size of ±1,335 square feet, 12’ to 15’ clear height, grade-level loading, and approximately 10% office and 90% warehouse finish-out. The Property includes a rare fenced outside storage area. This configuration accommodates light industrial and service-oriented tenants who serve the surrounding high-income households. The Property is located on S State Hwy 78 immediately north of President George Bush Turnpike (PGBT). The infill location provides access to PGBT and onward connectivity to Central Expressway (US 75), I-635 and I-30, and to the balance of the Dallas–Fort Worth Metroplex. Within a two-mile radius, average household income exceeds $165,900 and median home value exceeds $457,900 (CoStar). Overall, Trinity Center Business Park offers a stabilized, income-producing small-bay industrial asset in an infill Sachse location, with in-place cash flow, predominantly NNN lease structures and contractual rent growth.

Investment Highlights

• Attractive In-Place Yield: 7.0% in-place cap rate supported by 100% occupancy and predominantly NNN lease structures.
• Contractual Rent Growth: 5.6% average annual contractual rent increases across in-place leases, with an 8.6% Year-5 pro forma cap rate reflecting those increases together with market leasing assumptions on expiring leases.
• Diversified Tenancy & NNN Leases: Nine suites leased to eight tenants - seven on NNN leases and one on a modified gross lease - with a WALT of 23 months.
• Fenced Outside Storage & Grade-Level Loading: Rare fenced outside storage with grade-level loading and 100% fire-sprinklered.
• Ideal Small-Bay Configuration: Masonry construction with an average suite size of ±1,335 SF, 12’ to 15’ clear height, and ±10% office and 90% warehouse finish-out.
• Infill Sachse Location: Located on S State Hwy 78 immediately north of President George Bush Turnpike, with access to US 75, I-635 and I-30.
• Strong Submarket Fundamentals: 4.9% submarket vacancy, forecasted average annual rent growth of 2.72%, and zero projected net new supply through 2030 (CoStar).
• Affluent Demographics: Average household income above $165,900 and median home value over $457,900 within a two-mile radius (CoStar).