FORT WORTH INDUSTRIAL ASSET | 2820-2824 N Sylvania Ave
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FORT WORTH INDUSTRIAL ASSET 2820-2824 N Sylvania Ave
72,651 SF 100% Leased Industrial Building Fort Worth, TX 76111 £4,453,898 (£61/SF) 6.50% Net Initial Yield
Investment Highlights
- Low Basis – The property offers a low price PSF compared to similar assets in the market, presenting an attractive entry point for investors
- one of the major highways in the DFW area, the property benefits from excellent connectivity to the surrounding metropolitan region and beyond.
- Proximity to Key Regional Airport – Positioned less than five miles from Fort Worth Meacham International Airport
- Offers below- market rental rates, with four (4) two-year extension options and Fair Market Value (FMV) adjustments at each renewal
- property is secured by a Triple-Net (NNN) lease, placing all operational responsibilities, including maintenance, taxes, and insurance, on the tenant.
Executive Summary
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
| Price | £4,453,898 | Lot Size | 3.59 AC |
| Price Per SF | £61 | Rentable Building Area | 72,651 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 6.50% | Year Built | 1980 |
| Property Type | Industrial | Parking Ratio | 0.37/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 16 ft |
| Building Class | C | Level Access Doors | 8 |
| Price | £4,453,898 |
| Price Per SF | £61 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.59 AC |
| Rentable Building Area | 72,651 SF |
| Number of Floors | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.37/1,000 SF |
| Clear Ceiling Height | 16 ft |
| Level Access Doors | 8 |
Amenities
- Fenced Lot
Utilities
- Water - City
- Sewer - City
- Heating
1 of 1
PROPERTY TAXES
| Parcel Number | 05660548 | Improvements Assessment | £1,762,383 |
| Land Assessment | £223,030 | Total Assessment | £1,985,412 |
PROPERTY TAXES
Parcel Number
05660548
Land Assessment
£223,030
Improvements Assessment
£1,762,383
Total Assessment
£1,985,412
zoning
| Zoning Code | K, Fort Worth (K, Fort Worth) |
| K, Fort Worth (K, Fort Worth) |
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Jack Lenihan -
Caden Strauss -
Matthews Real Estate Investment Services
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FORT WORTH INDUSTRIAL ASSET | 2820-2824 N Sylvania Ave
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