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Garland, TX

614 Easy Street

Address:
614 Easy Street, Garland, TX 75042
Property Type:
Vacant
Price:
$1,300,000
Square Feet:
8,800 sqft
Lot Size:
0.45 Acres
Price Per Square Foot:
$147.73
Year Built:
1968
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Investment Highlights

Investment Highlights

Investment Highlights

  • Single-Tenant 8,800-Square-Foot Industrial Asset Situated on 0.45 Acres
  • Features Masonry Construction, Two Grade-Level Doors, and Three-Phase Heavy Power
  • Recent Renovations Include Remodeled Office Space and New TPO Roof with 20-Year Warranty
  • Vacant Sale Allowing for Owner-User or Lease-Up Opportunity
  • Easy Access to I-635 in Submarket with 3.6% Vacancy Among Comparables

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 614 Easy Street in Garland, Texas. The subject property consists of approximately 8,800 square feet of warehouse space and is situated on 0.45 acres of land. The single-tenant asset features masonry construction, a clear height of 10-foot, two grade-level doors, and a three-phase power with 120 to 460 volts. Recent renovations include a remodeled office space and a new TPO roof installed in 2023, accompanied by a 20-year warranty. Located just off Forest Lane, the property sits about 2.5 miles from Interstate 635, which encircles the city of Dallas. For sale as vacant, the property can be acquired for owner use or as a lease-up investment opportunity.

The subject property is located within the Northeast Dallas/Garland submarket, containing a massive 59.0 million square feet of industrial space. In Q3 2025, the vacancy rate stood in line with the national average at 7.4 percent as supply outpaced contracting demand during the trailing 12 months. However, vacancies among comparable properties under 10,000 square feet in Northeast Dallas/Garland were only 3.6 percent in Q3. Across all property sizes in the submarket, rents grew at an annual rate of 4.0 percent, more than twice the national average. With 1.2 million square feet under construction in Northeast Dallas/Garland (representing 2.0 percent of inventory), demand will largely be in the driver’s seat of vacancies and rents for the foreseeable future (CoStar).

The Dallas-Fort Worth metroplex is the fourth-most populous metro in the nation, with a total of 8.1 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with nearly 980,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow has improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metro’s numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 24 Fortune 500 companies and many regional headquarters, drawing workers and residents. The area’s extensive network of rail and highways, along with the International Inland Port of Dallas, ensure its status as a distribution hub (Marcus & Millichap).

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0060711)