1435 Lipan Hwy, Granbury, TX 76048

Granbury Aerospace and Logistics Park: A 77.166-acre mixed-use development. Emphasis on aerospace / eVTOL development and logistics / distribution hub to serve the Hood County region. Airport to the west has 1+ mile airstrip. Rail to the south. Access from Loop 567 is 20 minutes to Weatherford / Interstate 20 (via SH 51) and 30 minutes to Ft. Worth (via US 377). Future land use plans allow for industrial, commercial and estate residential uses. This site has all utilities with 1M+ gal water tower and major electric distribution across the street.

Hood County is a peripheral market to the primary industrial hubs of the Dallas-Fort Worth metroplex. Major regional distribution centers for large corporations like Walmart and Amazon are located in adjacent or nearby counties, such as Johnson County (Cleburne), which is too far to serve this area daily. Hood County, Texas, currently features smaller, local-scale industrial and flex spaces rather than large, national distribution centers. The market is constrained and experiencing demand driven by regional population growth and its proximity to the Dallas-Fort Worth (DFW) logistics hubs. However, the distance to these DFW logistics hubs is substantial making the industrial expansion in Hood County a natural solution. There is a demand for industrial buildings in Hood County, and that demand is growing. The reasons for this demand are primarily tied to regional economic and demographic trends:

• Population Spillover from DFW: The DFW metroplex is experiencing significant population growth. As residential areas expand outward into counties like Hood and Parker, the need for local services, suppliers, and "last mile" logistics to serve these new residents increases.

• Proximity to Major Hubs: Hood County is situated as a gateway between the major logistics hubs in Tarrant County (Fort Worth) and new population centers. Businesses require space closer to the end consumer, thereby seeking space in these peripheral markets.

• Constrained Supply: The existing inventory of small-bay industrial space in areas bordering the main DFW market is tight, with very low vacancy rates. This scarcity drives demand for available space or new development in adjacent, less developed markets like Hood County.

• Local Economic Base: The local economy relies partly on commuting to Fort Worth for work and industries like the Comanche Peak nuclear plant. This stable local workforce and economic activity create a need for supporting industrial services.

Hood County, Texas had a recent annual growth rate of 11.8% in the period between early 2020 and early 2024, while Granbury, its county seat, saw a 40% increase in population in that same period. This growth is fueled by an influx of new residents, including retirees, remote workers, and Dallas-Fort Worth (DFW) Metroplex commuters, attracted to the area's small-town atmosphere, natural amenities, and improved infrastructure. Factors driving growth:

• DFW suburban sprawl: Both Hood County and Granbury are experiencing outward population movement from the more congested DFW Metroplex, attracting residents who want a country atmosphere but still need access to the city.

• Recreation and tourism: The area's scenic Lake Granbury and historic downtown square have made it a popular destination for tourists, retirees, and families. This tourism and amenity base has, in turn, spurred retail and economic growth.

• Infrastructure development: Recent upgrades to US-377 and the completion of the Cresson Relief Route have reduced traffic and improved accessibility for DFW commuters, making Granbury a more attractive option for those working in the city.

• Remote work opportunities: The rise in remote work has enabled more people to move to areas like Granbury, allowing them to live a quieter lifestyle while maintaining higher-wage jobs in more urban areas.

• Affordable housing: Compared to the DFW Metroplex, Granbury offers more affordable home prices and a wider variety of housing types, from lakefront properties to larger lots.

• Community and lifestyle: The area is appealing to those seeking a close-knit community with a slower pace of life, which attracts both young families and retirees.
  

This property is exclusively listed by:

Imperium Brokerage Services, LLC, TX license #9001341

Stephen Schattner, principal, TX license #502217

972.385.1907 ext 301

2101 Cedar Springs Rd., Suite 1050

Dallas, TX 75201