5172 LEMONS RD Fort Worth, TX 76140
33,750 SF multi-tenant industrial asset with value-add opportunity.
Property Features for 5172 LEMONS RD
General Information
- Standard status
- Active
- Size
- 33,750 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2018
Listing office SLJ Company (214) 520-8818
Listing date May 18, 2026
Source Crexi
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.
Key Highlights
- Significant rental upside with current rents at $6.88/SF NNN compared to market comps of $10–$11/SF NNN.
- Located in a strong small‑bay industrial market with high occupancy (95.1%) and projected rent growth (3.28% annually through 2030).
- Strategic location less than four miles from I‑35W, providing excellent regional connectivity.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $465.8k | $13.80 |
| − Vacancy | −$44.2k | −$1.31 |
| EGI | $421.5k | $12.49 |
| − OpEx | −$147.5k | −$4.37 |
| NOI | $274.0k | $8.12 |
Alternative Uses
Property Analytics
Current Use by Public Records
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