13053 Gtwy Alliance DrFort Worth, TX 76244

For Sale
$8,000,000

Multi-tenant warehouse, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 27,910-square-foot multi-tenant warehouse complex in Fort Worth, Texas. Located at 13053 Gateway Alliance Dr, 76244, this Class B property sits on a substantial 19.56-acre lot, offering significant potential for future expansion. The property boasts five buildings, including approximately 13,074 square feet of warehouse space and 14,836 square feet of office space, all currently 100% occupied under gross leases. Thirteen grade-level loading docks provide efficient access. The property features an estimated nine acres of usable land dedicated to industrial outdoor storage (IOS), a rapidly growing market segment. Built between 1999 and 2018, this fee-simple offering presents a compelling investment with a current cap rate of 7.11% and a pro-forma cap rate of 8.11%. The asking price is $8,000,000, translating to $2,666,666.67 per unit and $9.39 per square foot. The property is zoned for light industrial use and benefits from its strategic location in the Northeast Tarrant/Alliance area, a primary industrial node in the Dallas-Fort Worth metroplex, with convenient access to major highways and airports. This property offers a rare combination of existing income and significant upside potential in a thriving market. The low building coverage ratio of 7.5 percent further highlights the development potential of the substantial land parcel.

Highlights

  • 27,910 SF multi-tenant warehouse complex on a 19.56-acre lot in Fort Worth, TX.
  • 100% occupied with below-market leases offering significant upside potential.
  • Nine acres of dedicated industrial outdoor storage (IOS) in a rapidly growing market.
  • Prime location in the Northeast Tarrant/Alliance submarket, a major industrial node in the DFW Metroplex with excellent highway and airport access.
  • Class B property with 13 loading docks, offering a 7.11% current cap rate and a pro-forma cap rate of 8.11%, priced at $8,000,000.

Property Details for 13053 Gtwy Alliance Dr

Property type
Other warehouses, Other industrial properties
Square Feet
27,910 SF
Class
B
Year Built
1999
Buildings
5
Lot Size (sq. ft)
852,034 SF
Units
3

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.966083
Longitude
-97.250294
13053 Gtwy Alliance Dr, Fort Worth, Texas

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13053 Gtwy Alliance Dr
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