221 W IH 20 Weatherford TX 76087-8584

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 221 West Interstate 20 in Weatherford, Texas. The subject property consists of approximately 36,800 square feet of shallow-bay industrial space and is situated on 4.4 acres of land. The three-building asset features metal construction, 20 individually metered units (each equipped with a grade-level door), and 16’ to 18’ clear heights. With a building coverage ratio of 19 percent, the property has ample space for industrial outdoor storage (IOS) or future development. Located along Interstate 20, the property sits 2.8 miles south of Downtown Weatherford. At 95.1 percent occupied, largely on modified-gross short-term leases, this sale offers buyers a value-add opportunity. The seller occupies 3,600 square feet of space and plans to execute a four-month partial sale-leaseback upon closing at $12.00 per square foot.

• Multi-Tenant 36,800-Square-Foot Income-Producing Shallow Bay Asset Situated on 4.4 Acres

• Featuring 20 Individually Metered Suites, 16’-18’ Clear Heights, and Ample IOS for Development

• Frontage Along I-20, 2.8 Miles South of Downtown Weatherford

• Value-Add Opportunity with 95% Occupancy, Short-Term Modified Gross Leases, and Partial Sale-Leaseback