Multi-Tenant Small-Bay
6101 Willard Road, Fort Worth, TX 76119
For Sale
Contact for pricing
Four industrial buildings offer occupied, multi-suite space with grade-level loading and NNN leases.
Property Size24,000 SF
Price / SF$162.50
Days on Market15
Property Features for 6101 Willard Road
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Road Access
Warehouse & Industrial
Clear Height
Drive-In Doors
Additional Details
Cap Rate
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Construction
Tenancy
Listing Agency:
SLJ Company
Listed By:
Ty Underwood · License #TX 419172
(214) 274-8707
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 5:17PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 6101 Willard Road, this 2022 industrial property in Fort Worth comprises four buildings totaling approximately 24,000 square feet. The 16 suites average about 1,500 square feet each and are occupied by 15 tenants under NNN leases, with a weighted average lease term of 15 months. Improvements include masonry façades, 16 grade-level loading doors, a concrete parking lot, and clear heights ranging from 14'2" to 18'9". Suite finish is approximately 5% office and 95% warehouse.
The property fronts E Loop 820 S, where traffic counts exceed 82,400 vehicles per day. Access is available to E Loop 820 S, I-20, and I-30, connecting the site with the broader Dallas–Fort Worth Metroplex.
The property fronts E Loop 820 S, where traffic counts exceed 82,400 vehicles per day. Access is available to E Loop 820 S, I-20, and I-30, connecting the site with the broader Dallas–Fort Worth Metroplex.
Key Highlights
- Approximately 24,000 square feet across four buildings, constructed in 2022
- 16 suites occupied by 15 tenants; all leases are NNN
- Average suite size of approximately 1,500 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,158
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,160
$3.3M
Cap Rate 7%
$2,373,686
$2.4M
Cap Rate 9%
$1,846,200
$1.8M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$216.0K $9.00/SF
− Vacancy
−$20.5K −$0.86/SF
EGI
$195.5K $8.15/SF
− OpEx
−$29.3K −$1.22/SF
NOI
$166.2K $6.92/SF
Area
Fort Worth, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,160
Cap Rate 7%
$2,373,686
Cap Rate 9%
$1,846,200
Alternative Uses
Best Use
Warehouse
$2.37M
$2.08M – $2.77M
NOI $166,158 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.72M
$7.63M – $10.17M
NOI $610,272 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
16
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76119, TX
50,850
Population
16,697
Households
3
Avg Household Size
32
Median Age
8%
College-Educated
66%
High-School Grad
15.9 sq mi
ZIP Area
3,198
Density / Sq Mi
$46,537
Median Household Income
$29,387
Median Earnings
$1,234
Median Rent
$146,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Fort Worth, TX
Properties on Market for Warehouses in Fort Worth
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Avalon Storage Services LLC — 3201 S Cravens Rd, Fort Worth, TX 76119
- IN Self Storage - Fort Worth — 2801 e loop 820 s, fort worth, tx 76119
- Storage Depot of Dallas - Fort Worth — 2801 E Loop 820 S, Fort Worth, TX 76119
- Public Storage — 2377 E Loop 820 S, Fort Worth, TX 76112
- Devon Self Storage — 6465 E Rosedale St, Fort Worth, TX 76112
Frequently Asked Questions
What type of property is this?
Warehouse - Four industrial buildings offer occupied, multi-suite space with grade-level loading and NNN leases.
Where is this warehouse located?
The property is located at 6101 Willard Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Approximately 24,000 square feet across four buildings, constructed in 2022; 16 suites occupied by 15 tenants; all leases are NNN; Average suite size of approximately 1,500 square feet
