120 & 128 Coin Street
Industrial | 13,480 SqFt
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire the portfolio located at 120 and 128 Coin Street in Fort Worth, Texas, anchored by AC Services. The subject portfolio consists of approximately 13,480 square feet of industrial space and is situated on 0.99 acres of land. The two-building asset features clear heights of 14’, five grade-level doors, and metal construction. With a building coverage ratio of 29 percent, the portfolio has ample industrial outdoor storage space (IOS). Located along Interstate 35 West, the asset is well-positioned 12 miles south of Downtown Fort Worth. The portfolio is fully occupied on month-to-month leases at a below-market rate of $3.56 per square foot, creating a value-add investment opportunity.
Investment highlights
• Fully Occupied 13,480-Square-Foot Industrial Portfolio Situated on 1 Acre
• Featuring Two Buildings, 12’-14’ Clear Heights, Five Grade Doors, and Ample IOS
• Located Along I-35W, 12 Miles South of Downtown Fort Worth
• Below Market M-T-M Leases Create Value-Add Investment Opportunity
• Large Submarket with Stabilized Vacancy Rates and $8.20/SF Average Market Rent
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