Marcus & Millichap is pleased to present the opportunity to acquire the property located at 10100 Hicks Field Road in Fort Worth, Texas. The subject property consists of approximately 16,000 square feet of industrial space and is situated on 1.47 acres of land. The asset is fully fenced, with a concrete-paved lot designed for outdoor storage. Located in a heavy industrial zone, the property features a clear height of 16 feet, three-phase power, and four grade-level doors providing full access throughout the warehouse. With quick access to Interstate 35 and Loop 820, this asset is well-suited for industrial operations and distribution.
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).