12509 N SAGINAW BLVD (FORT WORTH)

MULTI TENANT

12509 NORTH SAGINAW BOULEVARD FORT WORTH, TX 76179
Lot Size :
5.01 acres
Year Built :
2006
Property Area :
52,850 sqft
Status :
AVAILABLE
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • Rare Mixed-Use Property in North Fort Worth – Close Proximity to Fort Worth Alliance Airport and Interstate 35 West
  • Substantial Upside Through Increasing Below-Market Rents
  • Opportunity to Build Two Additional Income-Producing Buildings on Property
  • Attractive 2006 Construction

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 12509 North Saginaw Boulevard in Fort Worth, Texas. The subject property consists of approximately 52,850 total square feet and is situated on 5.01 acres of land in one of the most populous cities in the Dallas Fort Worth metroplex. This rare, mixed-use property in North Fort Worth is in close proximity to Fort Worth Alliance Airport Interstate 35W, and Highway 287. The property is approximately 95 percent leased with staggered expiration dates, giving an investor substantial upside through increasing below-market rents. The asset was recently constructed in 2006 and has space for two additional income-producing buildings on the property.

The metro is home to several higher-educational institutions, including Texas Christian University, the University of Texas at Arlington, which supplies an educated labor force for the large and diverse employment base. Lockheed Martin Aeronautics Co. is headquartered in Air Force Plant 4 in the city of Fort Worth. It serves the Naval Air Station, also based in the metro. Healthcare is a strong economic driver, assisted by students graduating from the area’s many colleges and universities. Large employers include Texas Health Resources and University of Texas. General Motors’ assembly plant has been operating in the metro since 1954 and currently manufactures large SUVs for various divisions such as Chevrolet, GMC and Cadillac, providing numerous jobs. Local attractions include the Kimbell Art Museum, Modern Art Museum of Fort Worth, the National Cowgirl Museum and Hall of Fame, as well as rodeos at the Fort Worth Stockyards.

 

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. © 2019 Marcus & Millichap. All rights reserved. (Activity ID: Z0060747)

Exclusive Listing

Adam Abushagur
(972) 755-5223
Lic # TX : 661916
Cliff Zimmerman
(972) 755-5217
Lic # TX : 706882

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