New Industrial Space in
12308 Rendon Rd, Burleson, TX 76028
For Sale
Contact for pricing
48,000 SF industrial space on 7.52 acres for sale.
Property Size48,000 SF
Lot Size7.52 Acres
Price / SF$127.08
Days on Market311
Property Features for 12308 Rendon Rd
General Information
Standard status
Size
Class
Lot size
Property subtype
Building Details
Year Built
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Adam Abushagur · License TX #661916
(972) 755-5223
Source:
Crexi
Added: Jan 6
Changed: Aug 28
Last Checked: Aug 14 at 6:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
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Investment Insights
Based on property information with market context.
The property at 12308 Rendon Road in Burleson, Texas, offers approximately 48,000 square feet of shallow-bay industrial space on a 7.52-acre lot. The property consists of three buildings. Two existing 18,000-square-foot structures were developed in 2024. A 12,000-square-foot facility is under construction and is expected to be completed in 2026. The existing properties feature 17 units, clear heights ranging from 20 to 24 feet, 39 grade-level doors, metal construction and roofing, and three-phase heavy power. The building coverage ratio of 15 percent allows for ample industrial outdoor space. Located 18 miles southwest of Downtown Fort Worth, the property is near Interstate 35 West via East Rendon Crowley Road. The existing properties are at 75 percent occupancy with an average rent of $12.91 per square foot.
Key Highlights
- New construction: Two buildings completed in 2024, third expected in 2026.
- High occupancy & cap rate: Existing properties are 75% occupied with an 8.0% cap rate.
- Approximately 48,000 square feet of shallow‑bay industrial space across three buildings.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$248,004
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,960,080
$5.0M
Cap Rate 7%
$3,542,914
$3.5M
Cap Rate 9%
$2,755,600
$2.8M
Market Conditions
NOI Build-Up for 48,000 SF
Gross rent
$389.8K $8.12/SF
− Vacancy
−$35.5K −$0.74/SF
EGI
$354.3K $7.38/SF
− OpEx
−$106.3K −$2.21/SF
NOI
$248.0K $5.17/SF
Area
Johnson County, TX
Vacancy
9.10%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,960,080
Cap Rate 7%
$3,542,914
Cap Rate 9%
$2,755,600
Alternative Uses
Best Use
Industrial
$3.54M
$3.10M – $4.13M
NOI $248,004 @ 7.0% cap · market cap 4.07%
Second Best
Flex RnD
$3.36M
$2.94M – $3.92M
NOI $235,045 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$13.18M
$11.53M – $15.38M
NOI $922,752 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Johnson County, TX
Properties on Market for Flex space in Johnson County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Branded by D BBQ — 5166 FM1187 Ste106, Burleson, TX 76028
Frequently Asked Questions
What type of property is this?
Flex space - 48,000 SF industrial space on 7.52 acres for sale.
Where is this flex space located?
The property is located at 12308 Rendon Rd Burleson, TX.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: New construction: Two buildings completed in 2024, third expected in 2026.; High occupancy & cap rate: Existing properties are 75% occupied with an 8.0% cap rate.; Approximately 48,000 square feet of shallow‑bay industrial space across three buildings.
