Small-Bay Industrial Park with
For Sale
Contact for pricing
Pending
3201-3221 May Street, Fort Worth, TX 76110
Four fully occupied NNN industrial suites with 100% HVAC and a mix of dock-high and grade-level loading.
Property Size24,135 SF
Days on Market81
Property Features for 3201-3221 May Street
General Information
Standard status
Pending
Size
24,135 SF
Property subtype
Industrial
Zoning
J - Medium Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$284,945
Building Details
Year Built
1968
Year Renovated
2023
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
SLJ Company
(214) 520-8818
Listed By:
Ty Underwood · License #TX 419172
Source:
Crexi
Added: Jun 10
Changed: Aug 23
Last Checked: Aug 28 at 8:53PM
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 SLJ Company
Investment Insights
Based on property information with market context.
May Street Industrial Park is a multi-tenant small-bay industrial property totaling 24,135 square feet across four suites. All suites are 100% occupied under NNN leases with established tenants. The building is designed for small-bay operations with an average suite size of 6,034 square feet, 100% HVAC, and a functional mix of dock-high and grade-level loading.
The property is located in Fort Worth, Texas, less than one-half mile west of I-35W and less than three miles south of Downtown Fort Worth. It also provides access to major regional transportation corridors, including I-30, I-820, and SH-121.
The suites are supported by contractual rent increases averaging 3.9% annually and a Weighted Average Lease Term (WALT) of 2.9 years. Since 2023, ownership has invested more than $384,000 in capital improvements, including HVAC, electrical upgrades, roll-up doors, and exterior paint. Reported market fundamentals include approximately 3.5% small-bay vacancy and forecasted average annual rent growth of 3.86% through 2030, with zero net new supply projected over that period (CoStar).
The property is located in Fort Worth, Texas, less than one-half mile west of I-35W and less than three miles south of Downtown Fort Worth. It also provides access to major regional transportation corridors, including I-30, I-820, and SH-121.
The suites are supported by contractual rent increases averaging 3.9% annually and a Weighted Average Lease Term (WALT) of 2.9 years. Since 2023, ownership has invested more than $384,000 in capital improvements, including HVAC, electrical upgrades, roll-up doors, and exterior paint. Reported market fundamentals include approximately 3.5% small-bay vacancy and forecasted average annual rent growth of 3.86% through 2030, with zero net new supply projected over that period (CoStar).
Key Highlights
- 12,135 SF multi‑tenant small‑bay industrial property built in 1968, with four suites totaling 100% occupancy
- All suites are on NNN leases with 100% HVAC and a mix of dock‑high and grade‑level loading
- Weighted Average Lease Term (WALT) of 2.9 years and 3.9% average annual contractual rent increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76110, TX
29,858
Population
12,497
Households
2.4
Avg Household Size
33
Median Age
29%
College-Educated
68%
High-School Grad
5.7 sq mi
ZIP Area
5,238
Density / Sq Mi
$68,435
Median Household Income
$36,262
Median Earnings
$1,255
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Four fully occupied NNN industrial suites with 100% HVAC and a mix of dock-high and grade-level loading.
Where is this flex space located?
The property is located at 3201-3221 May Street Fort Worth, TX.
What are key features of this property?
This property features: 12,135 SF multi‑tenant small‑bay industrial property built in 1968, with four suites totaling 100% occupancy; All suites are on NNN leases with 100% HVAC and a mix of dock‑high and grade‑level loading; Weighted Average Lease Term (WALT) of 2.9 years and 3.9% average annual contractual rent increases
