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2605 Forum Dr
Grand Prairie, TX 75052
Industrial Property For Sale
Investment Highlights
- 100% leased to a Global Infrastructure & Energy Subsidiary — a global full-service electrical contractor operating in 50+ countries.
- Tenant renewal option at Fair Market Rent
- Infill Mid-Cities location minutes from I-20, I-30, and DFW International Airport.
- In-place lease term through February 28, 2029 with built-in annual rent escalations of 4% in Years 2 and 3.
- Tenant reimburses 100% of real estate taxes, insurance premiums, and management fees, reducing landlord expense exposure.
Executive Summary
Partners, as exclusive advisor, is pleased to present the opportunity to acquire 2605 N. Forum Drive, a ±6,600-square-foot industrial outdoor storage (IOS) facility situated on ±1.16 acres in Grand Prairie, Texas. The property is 100% leased to a Global Infrastructure & Energy Subsidiary, a Spain-based infrastructure, renewable energy, and technology company with nearly 60 years of operating history and a presence in more than 50 countries.
The in-place lease runs through February 28, 2029, providing an incoming ownership group with stabilized, credit-backed income secured by a global tenant, along with a Tenant renewal option at then-prevailing Fair Market Rent. The asset’s fenced, secured outdoor yard, Light Industrial (LI) zoning, and infill Mid-Cities location make it a well-positioned IOS investment within the broader Dallas-Fort Worth industrial market.
The in-place lease runs through February 28, 2029, providing an incoming ownership group with stabilized, credit-backed income secured by a global tenant, along with a Tenant renewal option at then-prevailing Fair Market Rent. The asset’s fenced, secured outdoor yard, Light Industrial (LI) zoning, and infill Mid-Cities location make it a well-positioned IOS investment within the broader Dallas-Fort Worth industrial market.
Property Facts
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.42/1,000 SF |
| Lot Size | 1.16 AC | Clear Ceiling Height | 16’ |
| Rentable Building Area | 6,600 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI - Light Industrial - Light Industrial | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.16 AC |
| Rentable Building Area | 6,600 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Tenancy | Single |
| Parking Ratio | 2.42/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI - Light Industrial - Light Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 06194184 | Improvements Assessment | $656,572 |
| Land Assessment | $205,428 | Total Assessment | $862,000 |
Property Taxes
Parcel Number
06194184
Land Assessment
$205,428
Improvements Assessment
$656,572
Total Assessment
$862,000
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