17540 Matany Rd - Distribution FOR SALE


Justin, TX 76247
$6,000,000 USD
940-373-7204
17540 Matany Rd, Justin, TX for Sale
$6,000,000 USD
Distribution - FOR SALE
1/20
null | Request Cap Rate

17540 Matany Rd
Justin, TX 76247


HIGHLIGHTS

  • 36,000-square-foot, newly constructed, multi-tenant flex/industrial park completed in 2023, with 11 functional suites ranging from 2,000-6,000 SF.
  • Pro forma cap rate of 8.78% is projected for the fifth year, based on stabilized occupancy and projected market rents.
  • 96,410 households within a 10-mile radius with an average income of $141,910, generating $4.1 billion in annual consumer spending.
  • Located in a high-growth corridor with over 4,000 new rooftops planned in the next four years as Justin City’s attractiveness climbs.
  • Strategically located on FM 156 with immediate access to SH 114 and Interstate 35W, and just a 3-mile drive from Texas Motor Speedway.

OVERVIEW

Justin Business Park is a newly constructed 36,000-square-foot multi-tenant industrial asset situated on 2.3 acres. Located in the high-growth corridor between the Northeast Tarrant/Alliance and Denton Industrial submarkets, the park offers immediate access to FM 156, SH 114, and Interstate 35 West, just 30 miles from Downtown Fort Worth. 17540 offers grade-level loading units with oversized garage doors ranging from 2,000 to 6,000 square feet, with flexibility to reconfigure into 12 spaces. The warehouses have high eave heights, lighting, and durable 6-inch concrete floors, catering to the demand for service providers. 17540 Matany Road is a 4-mile drive from the intersection of Interstate 35 and TX 114, a heavily trafficked crossing commercially anchored by Texas Motor Speedway, Tanger Outlets Fort Worth, Buc-ee’s, and The Golf Club at Champions Circle. Industrial developments are also dense in the area, with the BNSF Alliance Yard and Alliance Airport about five minutes away. These diverse destinations not only bring transient traffic but have also led to increased residential migration to the area as opportunities for employment and lifestyle amenities become more common. The Dallas-Fort Worth North Texas industrial market offers a compelling combination of high demand, low vacancy, and upward rental pressure, particularly for small-to-mid-bay products. This positions assets like Justin Business Park well for both stable income and future appreciation, especially as the region continues to outpace national growth in population and industrial demand. Popular suburban communities such as Wildflower Ranch and Shale Creek have sprung up quickly, and interest in cities like Justin has skyrocketed. The number of households within a 5-mile radius grew by 6.8% from 2020 to 2024 and is projected to grow by another 4.1% through 2029. Tap into this burgeoning node of the DFW metro and benefit from positive demographic trends by investing in 17540 Matany Road today.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

15

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3

LAND SF

100,188

ZONING

Commercial

APN/PARCEL ID

R87642

ASK ABOUT THIS PROPERTY

Shane ClarkAmerico Real EstateMore Info
940-373-7204

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Shane ClarkAmerico Real EstateMore Info
940-373-7204

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.