The property is a five-building shallow-bay industrial asset that spans 22,900 square feet and sits on 2.35 acres of land. This industrial property was delivered in 2023 and features 32 grade-level doors, which provide easy access for loading and unloading goods. The clear height of the property is 20′, allowing for efficient storage and operation. The property also boasts ample on-site parking, making it convenient for employees and visitors. The property presents a value-add opportunity for investors to convert short-term, below-market gross leases to long-term triple-net terms at market rate. This conversion would increase the property’s revenue and value, making it a more attractive investment opportunity. By converting these leases to triple-net terms, investors can reduce their operational expenses and increase their returns. The property’s strong features and location make it an ideal candidate for this type of value-add strategy.
The location of the property is strategic, with immediate access to State Highway 114 and Interstate 35 West, providing strong connectivity throughout the Dallas-Fort Worth metroplex. This connectivity is a significant advantage for businesses that require easy transportation of goods. The property’s design and features make it an attractive option for industrial users. The property is situated in the high-demand NE Tarrant/Alliance submarket, which has seen a significant decrease in vacancies in recent years. As of Q1 2026, the current vacancy rate sat at 7.7 percent, down 6.0 percentage points since Q1 2024 and is 120 basis points below the market average. The area is also home to several major distribution centers and logistics hubs, making it an ideal location for industrial users with access to a skilled workforce. The demand for industrial space in this submarket is expected to continue, driven by the growth of e-commerce and the need for efficient logistics.
BROKER OF RECORD
Tim Speck
Texas Broker of Record
5001 Spring Valley Road, Suite 1100W
Dallas TX
Tel: (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
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