Ideal opportunity for investment or owner-user in Garland. Zoned industrial in the City of Garland, this property consists of one office suite in the front of the building (approx. 1,500 SF, currently tenanted), and 5 units on the north side of the building.
(Note that one of the roll-up doors has been replaced with an entry door, however this could be modified back to a roll-up door). Flex-space/warehouse configuration in an excellent location. Seller operates an automotive business out of one of the bays.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.