M & W Business Park 6 biens | Local d'activités | À vendre | 9 809 500 € | Localisations multiples

M&W Business Park (the “Property”) is a 64,600-square-foot, value-add, multi-tenant small bay industrial asset featuring 34 income-generating RV parking spaces. Positioned on 7.02 acres in Fort Worth, Texas, the Property offers an in-place cap rate of 7.46%, with a Year-5 pro forma cap rate of 10.04%. The Property is surrounded by strong demographics, including average household incomes of over $141,000 within a one-mile radius.
Located on Alta Vista Road, the Property is less than one mile west of the affluent City of Keller, two miles east of I-35W, and under four miles south of Hillwood’s 27,000-acre master-planned AllianceTexas development.
Constructed in 2018, M&W Business Park consists of six single-story small bay industrial buildings that are currently 100% leased, in addition to the 34 RV parking spaces. With a Weighted Average Lease Term (WALT) of under 14 months, the Property presents an attractive mark-to-market rent opportunity. Average in-place rents are $12.25/SF NNN, while nearby comparable assets command rents between $17 and $19/SF NNN.
Assuming an achievable increase in rents to $16/SF NNN, the Property could yield a pro forma cap rate exceeding 10% by Year-5 of ownership—making this a compelling value-add investment. This upside is supported by strong in-place cash flow and high occupancy.
The Northeast Tarrant/Alliance submarket continues to perform exceptionally well, with flex vacancy rates currently averaging just 2.3% and rental growth of 4.9% in 2024 (CoStar Analytics). Demographics also bolster the investment story, with over $141,000 in average annual household income and median home values above $334,000 within a one-mile radius.
M&W Business Park represents a rare, true value-add small bay industrial opportunity—offering both meaningful near-term upside and stable existing cash flow—located in one of the most affluent and supply-constrained pockets of the DFW market.