Income-Producing Industrial with Lease-Up & IOS Upside in DFW Growth Corridor
124 Capital Lane presents a rare opportunity to acquire a stabilized, income-generating flex industrial asset with value-add potential in the fast-growing North Fort Worth submarket. Situated on 8.18 acres, this two-building property totals 65,547 SF and includes approximately 3.5 acres of excess yard, ideally suited for industrial outdoor storage (IOS), fleet parking, or future expansion.
Building 1 (43,123 SF) is 100% leased to Unified Supply, a stable, niche business specializing in aviation baggage handling systems. Founded in 1996, Unified Supply is a trusted OEM and service provider in the airport and logistics infrastructure space. With 28+ years in business, ~30 employees, and strong revenues, Unified Supply offers dependable, small-mid cap tenancy with sector specialization.
The lease for Building 1 was recently executed at $10.00/SF NNN, generating $431,230 in annual base rent. At a 7.40% cap rate, this equates to a stabilized valuation of $5.83M (~$135/SF).
Building 2 (22,424 SF) is currently vacant, providing the buyer with lease-up potential or an ideal owner/user opportunity. At market rents of +/- $10/SF NNN, the building has the potential to deliver ~$224,000 in annual rent and support a valuation of $2.2M (~$100/SF), which represents an attractive ~10% yield on cost.
Importantly, this pricing guidance does not assign value to the ±3.5 acres of IOS. A buyer can capture meaningful additional upside by activating the yard for storage, expansion, or revenue generation.
Key Investment Drivers:
- Immediate cash flow from leased Building 1
- Lease-up or user opportunity in Building 2
- Rare IOS capacity for additional revenue
- Strategic location near AllianceTexas, US-287, and TX-114
- Strong power infrastructure (600 amps, 3-phase) ideal for manufacturing or logistics use
This is a compelling opportunity to acquire a well-located industrial asset with both stabilized cash flow and multiple layers of upside.