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Investment Highlights

  • Building Amenities: Equipped with two post lifts (electric over hydraulic)
  • Office Space: Private office & reception area
  • Security: Fully fenced with 7-ft barbed wire perimeter
  • Access: (4) 14' x 12' front grade-level doors & (4) 10' x 14' back grade-level doors
  • Power & Utilities: 240 receptacles, including (4) three-phase 240V power outlets
  • Climate Control: (3) radiant gas heaters in the warehouse + HVAC in office/restroom

Executive Summary

Prime Light Industrial Investment Opportunity
Now available: a ±5,600 SF light industrial property on ±0.75 acres, featuring an upstairs loft that expands the total usable space to ±6,200 SF. This property is fully equipped for industrial and automotive uses with two post lifts (electric over hydraulic) and excellent access via four 14’ x 12’ grade-level doors in front and four 10’ x 14’ grade-level doors in back.
Property Highlights:
* ±6,200 SF total space (including loft)
* Private office and reception area for administrative needs
* Power: multiple 240 receptacles, including (4) three-phase 240V outlets
* Security: fully fenced perimeter with 7-ft barbed wire
* Climate control: 3 radiant gas heaters in warehouse + HVAC in office/restroom
* Tenant: long-term lease in place through 2027 with annual rental escalations
This offering combines stable income with quality industrial improvements, making it an exceptional investment opportunity in a high-demand industrial submarket.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $65,908 $10.63

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $65,908
Annual Per SF $10.63

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,200 SF
Building Class
C
Year Built
2008
Price
$1,166,989 CAD
Price Per SF
$188.22 CAD
Cap Rate
6.21%
NOI
$72,499 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
0.76 AC
Zoning
Commercial (NEC) - Commercial - Light Industrial
Parking
10 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
20’ on Reagan Drive

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Mezzanine
  • Pylon Sign
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Affordable Auto & AC Repair
  • Services
  • 5,600 SF
  • $11.77 CAD
  • Triple Net
  • Dec 2027
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Affordable Auto & AC Repair Services 5,600 SF $11.77 CAD Triple Net Dec 2027

Nearby Major Retailers

Fiesta Mart
Planet Fitness
Golden Corral Buffet & Grill
IHOP
The Picklr
Villa Italian Kitchen
Rent-A-Center
Riscky's
Checkers Grocery Store
Albertsons

Property Taxes

Property Taxes

Parcel Number
06275125
Land Assessment
$204,559 CAD
Improvements Assessment
$828,459 CAD
Total Assessment
$1,033,018 CAD
  • Listing ID: 34987423

  • Date on Market: 2025-03-01

  • Last Updated:

  • Address: 3124 Reagan Dr, Fort Worth, TX 76116

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