• Extremely Rare Opportunity Zone investment / covered land opportunity
• Fantastic cold storage STNL investment located on +/- 1.07 AC in the heart of Downtown Dallas – one of the most sought-after and high-barrier infill markets within the DFW Metroplex.
• Strategic positioning at the convergence of I-30 & I-45, between Deep Ellum to the north, Fair Park to the east, the Cedars to the south and Downtown Dallas (East Quarter, Farmers Market and other notable districts).
• Unique cold storage industrial asset leased by Thomas Mushroom & Specialty Produce, a +/- 33-year-old business headquartered at this Property (1704 Orleans Street).
• Thomas Mushroom has 4 locations – Dallas, Houston, New Orleans and Maryland and specializes in specialty produce, quality food production and national distribution of “cover crops” (i.e.: mushrooms and other high-end specialty crops grown inside).
• STNL investment with +/- 5-years of term remaining with one (1) five-year option. Tenant has been operating from this area for ages and benefits from ample outside storage and parking.
• Annual rent escalations of 3.00% in both the primary and option terms, providing new ownership steady revenue growth and a hedge against inflation.
• New Ownership will enjoy an excellent stabilized revenue stream with significant upside through taking advantage of growing rents and in the long term, repositioning and/or redeveloping the Property (i.e.: residential).
• Ideal investment for both sophisticated, passive and 1031 investors and developers due to the limited management required as the “Net Lease” structure requires Tenant to maintain the Property, including the roof and structure.
• Income Tax Free State – perfect for a 1031.
• Surrounding the Property on all sides is one of the largest concentration of multi-family, retail, office and industrial assets, including major traffic generators like Fair Park, the Dallas CBD, Deep Ellum and the Dallas Farmers Market, among many others.

DB2RE INVESTMENT SALES is proud to present the rare opportunity to acquire Thomas Mushroom (the “Property”), a fantastic single-tenant cold storage industrial asset totaling 15,000 SF on 1.07 AC. This irreplaceable single-tenant net lease investment is located in the heart of Dallas at the convergence of I-30 & I-45, between Deep Ellum and The Cedars within an Opportunity Zone. Currently, Thomas Mushroom has +/- 5-years remaining (expiring 2/28/2029) with one 5-year option to extend. Furthermore, the lease provides investors 3.00% annual increases throughout the primary and option terms to hedge against inflation. Cold storage industrial assets are scarce, and cold storage assets within the core of Dallas are even rarer, making this opportunity unique. In addition to the cold storage component and a fantastic, stabilized revenue stream guaranteed by Thomas Mushroom, the Property’s infill positioning makes this investment opportunity a true generational investment. Utilized as an Opportunity Zone investment, there are even more tax advantages for future investors. New ownership will benefit from the continued growth of Dallas’s urban core as the Property sits on 1.07 acres of some of the most sought-after real estate in the DFW Metroplex. Long-term, the Property boasts tremendous upside by pushing rental rates to fair market value and benefits from ample outside storage and parking that could be monetized and further maximized through a total repositioning and/or redevelopment of the Property.

With convenient access to I-30, I-45, and Central Expressway (Highway 75), Thomas Mushroom or future tenants enjoy unbeatable access to the entire DFW-Metroplex, allowing any business operating at the Property to serve their customer base more efficiently. Surrounding the Property is one of the largest concentrations of multi-family, retail, office, and industrial assets, including major traffic generators like Fair Park, the Dallas CBD, Deep Ellum, and the Dallas Farmers Market, among many others. This high-growth and high-barrier live, work, and play destination, along with a perfect blend of stability and upside as it relates to the revenue stream, makes Thomas Mushroom a true once-in-a-generation investment opportunity, ideal for a wide range of potential investors and/or developers. The net lease nature requires little to no management, making it perfect for a passive / 1031 investor.