Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 8888 Governors Row in Dallas, Texas, leased to Fauxcades, Inc. The subject property consists of approximately 61,406 square feet of industrial space and is situated on 2.52 acres of land. The asset features masonry construction, a clear height between 16’ and 19’, three dock-high doors, and one grade-level door. Located at the delta of John W. Carpenter Freeway (State Highway 183/State Highway 114) and Interstate 35 East, the property sits only seven miles from Downtown Dallas in the West Brookhollow submarket. Occupied by Fauxcades since 2019, the tenant recently renewed its triple-net lease that runs through August 2029 at $7.25 per square foot. In October 2026, the rent escalates by 24.1 percent to $9.00 per square foot, creating a significant proforma opportunity for investors. Celebrating its 20th year in business, Fauxcades is a premier full-service event design, production, and rental company. West Brookhollow is one of the original industrial hubs in Dallas, containing an ample 42.8 million square feet of space. In the 12 months through Q3 2025, demand remained in positive territory with nearly 85,000 square feet absorbed on net. During that time, over 176,000 square feet of industrial space was added to the inventory. Despite supply outpacing demand in West Brookhollow, the vacancy rate only increased 20 basis points to 7.3 percent, which is in line with the national average. With only about 523,000 square feet of industrial space under construction in West Brookhollow (representing 1.2 percent of the inventory), demand will be in the driver’s seat of vacancies and rents for 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).