Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 221 West Interstate 20 in Weatherford, Texas. The subject property consists of approximately 36,800 square feet of shallow-bay industrial space and is situated on 4.4 acres of land. The three-building asset features metal construction, 20 individually metered units (each equipped with a grade-level door), and 16’ to 18’ clear heights. With a building coverage ratio of 19 percent, the property has ample space for industrial outdoor storage (IOS) or future development. Located along Interstate 20, the property sits 2.8 miles south of Downtown Weatherford. At 95.1 percent occupied, largely on modified-gross short-term leases, this sale offers buyers a value-add opportunity. The seller occupies 3,600 square feet of space and plans to execute a four-month partial sale-leaseback upon closing at $12.00 per square foot. The subject property is well-positioned within the Parker County submarket, containing 6.9 million square feet of industrial space. In 2025, net absorption contracted by roughly -69,000 square feet as 204,000 square feet of net deliveries were added to the inventory. The vacancy rate rose to 9.5 percent, causing annual market rent growth to slip to 2.8 percent. With about 227,000 square feet of industrial space under construction in Parker County, representing 3.3 percent of the inventory, new supply will have a slight impact on vacancies and rents in the foreseeable future (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).