This exceptional 31,393 square foot flex building in Benbrook, Texas, presents a compelling investment opportunity. Located at 495 Winscott Rd, Fort Worth, TX 76126, this two-story, 100% occupied property boasts a strong 7.49% cap rate and a substantial net operating income (NOI) of $489,024. The property features a triple-net (NNN) lease with a credit-rated tenant, minimizing landlord responsibilities. The current lease, commencing June 6, 2018, and expiring October 31, 2028, has a remaining term of 3.9 years, with a built-in 3.75% annual rent bump after year six and a one-time five-year lease option. Situated on a 3.67-acre lot in a highly desirable industrial zone (H - Industrial), the building benefits from convenient access to Interstates 20 and 820, major transportation arteries. The property's location within a dense industrial and office area, free from restrictive zoning, further enhances its value. Adjacent to the significant Chisolm Twenty Industrial Development (917,374 sq ft), this asset offers significant potential for future expansion, with adjacent land available for purchase. Built in 1982, this property offers a solid return on investment with a price per square foot of $207.85 and an asking price of $6,525,000.
Highlights
Triple Net (NNN) Lease: Tenant responsible for taxes, insurance, and CAM charges.
6% Annual Rent Increases After Year 6, with a 5-Year Renewal Option.
Excellent Highway Access: Conveniently located near Interstates 20 and 820.
Prime Industrial Location: Situated in a high-density industrial and office area with flexible zoning (H-Industrial).
Expansion Potential: Adjacent land available for purchase to accommodate future growth.
Strategic Proximity: Near the large Chisolm Twenty Industrial Development (917,374 SF).
Industrial property - Industrial Flex Space, High NOI, Strong Lease
Where is the industrial property located?
The property is located at 495 Winscott Rd Benbrook, TX.
What is the asking price?
The asking price for this property is $6,525,000.
What are key features of this property?
This property features: Triple Net (NNN) Lease: Tenant responsible for taxes, insurance, and CAM charges.; 6% Annual Rent Increases After Year 6, with a 5-Year Renewal Option.; Excellent Highway Access: Conveniently located near Interstates 20 and 820.
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Contacts
Jason Vitorino
Parker Tims
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Winscott Rd Benbrook, TX 76126
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Winscott Rd Benbrook, TX 76126
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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495 Winscott Rd
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