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INVESTMENT HIGHLIGHTS
- 16,000-Square-Foot Industrial Asset Situated on 1.47 Acres
- Fenced-In Concrete Paved Lot for Parking and Industrial Outside Storage Uses
- Subject Property Has Quick Access to I-35 and Loop 820
- Opportunity for Owner-Use or Investor to Purchase, Lease, and Cash Flow
- Heavy Industrial Zone with 3-Phase Power and 16’ Clear Height
EXECUTIVE SUMMARY
The property sits within the West Tarrant submarket, containing 9.1 million square feet of industrial space. The submarket’s vacancy rate has dropped to 8% over the last twelve months, remaining below the overall market average. This was a result of 240,000 square feet of net absorption with only 150,000 square feet of new delivered space. While slowing, market rent growth still remains relatively strong at 3.5% year over year. By the end of 2025, only 30,000 square feet of industrial space was reported under construction. Assuming net absorption continues at a similar rate, investors can hope to see vacancy rates continue to drop if construction remains constrained (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, ensures its status as a distribution hub (Marcus & Millichap).
PROPERTY FACTS
| Price | $2,480,000 | Rentable Building Area | 16,000 SF |
| Price Per SF | $155 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 6.25/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 1.47 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | K - Heavy Industrial | ||
| Price | $2,480,000 |
| Price Per SF | $155 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.47 AC |
| Rentable Building Area | 16,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 6.25/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | K - Heavy Industrial |
AMENITIES
- Fenced Lot
- Reception
- Storage Space
- Fluorescent Lighting
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Free-standing insulated metal building sitting on 1.5 acres of improved paved and fully secured parking and equipment storage. ~13,000 sqft warehouse that has the ability to be climate controlled. 3,400 SF (+/-) office, 3 private offices, conference room, break room, large storage closet plus additional offices. Large climate controlled storage, open concept workspace/showroom. Many improvements made under prior Tennant. Ready for move in. Purchase or lease!
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 16,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 16,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 16,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Free-standing insulated metal building sitting on 1.5 acres of improved paved and fully secured parking and equipment storage. ~13,000 sqft warehouse that has the ability to be climate controlled. 3,400 SF (+/-) office, 3 private offices, conference room, break room, large storage closet plus additional offices. Large climate controlled storage, open concept workspace/showroom. Many improvements made under prior Tennant. Ready for move in. Purchase or lease!
PROPERTY TAXES
| Parcel Number | 07677839 | Improvements Assessment | $787,300 |
| Land Assessment | $352,858 | Total Assessment | $1,140,158 |
PROPERTY TAXES
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10100 Hicks Field Rd
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