Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 12308 Rendon Road in Burleson, Texas. The subject property consists of approximately 48,000 square feet of shallow-bay industrial space and is situated on 7.52 acres of land. The three-building asset includes two existing 18,000-square-foot structures developed in 2024 and a 12,000-square-foot facility under construction, expected to be completed in 2026. The existing properties feature 17 units, a clear height of ranging from 20’ to 24’, 39 grade-level doors, metal construction and roofing, and three-phase heavy power. A building coverage ratio of 15 percent allows for ample industrial outdoor space. Located 18 miles southwest of Downtown Fort Worth, the property has proximity to Interstate 35 West via East Rendon Crowley Road. At 75 percent occupancy with an average rent of $12.91 per square foot, the existing properties generate an 8.0 percent cap rate. With modified gross and gross leases in place, this sale offers investors a value-add opportunity to transition the short-term tenants to triple-net terms. The subject property is well-positioned within the South Central Tarrant County submarket, containing a sizeable 42.3 million square feet of industrial space. Over the last five years, developers have flocked to the submarket, thanks to an abundant supply of flat, buildable land near the key trucking corridors of Interstates 35 West and 20. Year-to-date through early December 2025, demand remained comfortably in positive territory as nearly 1.1 million square feet of industrial space were absorbed on net. During this time, about 1.6 million square feet were added to the inventory in South Central Tarrant County, pushing up the vacancy rate by 80 basis points to 8.8 percent. While annual rent growth has decelerated in South Central Tarrant County in line with most submarkets nationwide, at 4.2 percent, local rents are rising more than twice the 1.5 percent national average (based on top 50 metros, minimum 10,000 square feet, and classes A, B, & C). In Q4 2025, a record 5.3 million square feet of industrial space were under construction in South Central Tarrant County, representing 12.5 percent of inventory (CoStar). The Dallas-Fort Worth metroplex is the fourth-most populous metro in the nation, with a total of 8.1 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with nearly 980,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow is improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metro’s numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 24 Fortune 500 companies and many regional headquarters, drawing workers and residents. The area’s extensive network of rail and highways, along with the International Inland Port of Dallas, ensure its status as a distribution hub (Marcus & Millichap).