3201-3221 May St
Fort Worth, TX 76110
May Street Industrial Park · Industrial Property For Sale

May Street Industrial Park (the “Property”) is a ±24,135 square foot multi-tenant small-bay industrial asset located in Fort Worth, Texas. The Property consists of four suites that are 100% occupied by established tenants on NNN leases, providing stable in-place income supported by 3.9% average annual contractual rent increases and a Weighted Average Lease Term (WALT) of 2.9 years.
The Property is positioned less than one-half mile west of I-35W and less than three miles south of Downtown Fort Worth. This infill location provides immediate access to major transportation corridors including I-35W, I-30, I-820, and SH-121, allowing efficient connectivity throughout the Dallas–Fort Worth Metroplex.
The building is designed to accommodate small-bay users with an average suite size of ±6,034 square feet, 100% HVAC suites, and a functional mix of dock-high and grade-level loading. This configuration supports a broad range of light industrial and service-oriented tenants and enhances long-term leasing desirability.
Since 2023, ownership has invested more than $384,000 in capital improvements, including HVAC, electrical upgrades, roll-up doors, and exterior paint. These improvements materially reduce near-term capital expenditure risk and position the Property as a well-maintained, stabilized asset.
The Property benefits from 3.9% average annual contractual rent increases, providing predictable NOI growth. Market fundamentals further strengthen the investment thesis with approximately 3.5% small-bay vacancy and forecasted average annual rent growth of 3.86% through 2030, with zero net new supply projected over that period (CoStar).
Demographics within a five-mile radius include average household incomes exceeding $80,200 and median home values above $198,400, supporting the strength and stability of the surrounding trade area.
Overall, May Street Industrial Park offers investors a stabilized, income-producing small-bay industrial asset in a highly accessible infill Fort Worth location, combining durable cash flow, embedded contractual rent growth, limited capital exposure, and strong underlying market fundamentals.