Light Industrial Investment Sale
Fort Worth, TX
The Offering
Summary
- Address 3124 Reagan Dr, Fort Worth, TX
- Size 5,600 SF
- Tenant Occupied Until 2027
- Zoning Commercial
Property Description
M&D Commercial Group is offering this 5,600 square-foot light industrial space in Fort Worth, Texas. The property sits on over .75 acres with an additional upstairs loft giving it a total of 6,200 useable-square-feet. Building features include two post lifts, electric over hydraulic, four 14x12 ft front grade level doors, four 10x14 ft back grade level doors, one private office and reception. There are 240 receptacles, four of those are three phase power with 240 voltages. The site is fully fenced with seven-foot barbed wire and there are three total radiant gas heaters in the warehouse space, with additional HVAC in the office and restroom space. With an established tenant until 2027, the property is an ideal investment sale with yearly rental escalations.
Demographics
Fort Worth, Texas is located in central Tarrant County and is just 38 minutes west of Downtown Dallas. Fort Worth has two major airports (DFW International Airport & Dallas Love Field) just 25 minutes away. The city of Fort Worth is strategically centered and wide open for business from innovative aerospace and aviation, oil and gas, transportation and logistics and some of the brightest medical researchers to numerous major corporations. The city has grown nearly 28 percent in the past decade and is expected to double in the next twenty years. Residents have easy access to five area malls, two outlet malls, the Fort Worth Stockyards, close proximity to area colleges, and are also close to recreational facilities at Burger’s Lake, Eagle Mountain Lake and Lake Arlington. The community of Fort Worth also boasts 296 parks covering over 12,860 acres.
Tarrant County is located in the southwest market of DFW, a regular target among retail investors in Dallas-Fort Worth. Helping drive population growth is excellent job growth of 68 percent from 2016 to 2020. This quick growing market has lured companies and retailers alike, including American Airlines, GameStop, Six Flags and RadioShack. Tarrant County grew by more than 17 percent between 2010 and 2020, making it the third largest county in Texas and 15th largest county nationwide. The county was also ranked the #4 Best Cities to Relocate to for its excellent job market. Strong population growth coupled with tax incentives for development make Tarrant County an excellent choice for commercial investors.
Team
Brokerage Team
M&D Commercial offers a wide range of solutions to clients, including investor services, project leasing, tenant representation and commercial property management.
Whether you are looking to buy, sell or lease retail/office space, industrial property or land, we have you covered. M&D serves and has listings throughout the Dallas-Fort Worth Metroplex. Our highly knowledgeable team of experts and comprehensive service offering makes us well-positioned to meet the needs of all clients, whether you are purchasing, selling or leasing.
Why M&D? With M&D, you get a dedicated team of agents focused on personal attention. We answer the phone, period, and keep you constantly updated and informed on marketing reports, leads, offers and where we are with your property or search. We have in-house, cutting-edge, innovative marketing strategies, well-known throughout the region. Finally, our agents are consistently coached, quizzed and practitioners, at and of the highest level of negotiating strategy. When your property is on the table, you want an M&D Agent in the chair and on your side.
