W Us Hwy 80, Forney, TX 75126
The subject 311,000 square-foot multi-tenant industrial park offers a very unique investment opportunity in the Forney industrial market where no similar acquisition opportunity has presented itself since 2015, providing the buyer an opportunity to acquire this asset in a very tough barrier to entry ownership market.
This highly functional asset allows for several tenant types, with multiple grade-level and dock-high doors in most of the subject buildings fitting a wide range of tenant functions to keep up with customer demand in a highly-accessible location.
With only five properties for lease within a 5-mile radius of the subject property and six percent annual submarket rent growth, there is immediate capability of ownership to sign new leases to meet market rent and increase NOI.
The subject 311,000 square-foot multi-tenant industrial park offers a very unique investment opportunity in the Forney industrial market where no similar acquisition opportunity has presented itself since 2015, providing the buyer an opportunity to acquire this asset in a very tough barrier to entry ownership market.
This highly functional asset allows for several tenant types, with multiple grade-level and dock-high doors in most of the subject buildings fitting a wide range of tenant functions to keep up with customer demand in a highly-accessible location.
With only five properties for lease within a 5-mile radius of the subject property and six percent annual submarket rent growth, there is immediate capability of ownership to sign new leases to meet market rent and increase NOI.
