Hurst Net Lease Investment
689 Airport Fwy, Hurst, TX 76053
Call to check price and availability
Corporately guaranteed tenant, absolute NNN lease, excellent accessibility.
Type:Office
Property size:
20,319 SFLot size:
3.01 AcresPrice / SF:
$186/SF- Added:
- May 14, 2026
- Days on Market:
- 15
- Last Refresh:
- May 16 at 8:45 pm
Property Features for 689 Airport Fwy
General Information
- Standard status
- Active
- Size
- 20,319 SF
- Lot size
- 3.01 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing agent Jason Vitorino License #TX 512565
Listing office Summit Real Estate (469) 844-8884
Listing date May 14, 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 Summit Real Estate
HighLights
- Corporately guaranteed tenant with Absolute NNN lease through 2030, providing stable income.
- High‑traffic location with immediate access to Highway 183 (240,000+ vehicles per day) and close proximity to I‑820 and DFW International Airport.
- Attractive 7.63% cap rate with built‑in rent escalations.
- Flexibility for owner‑user scenarios: potential to occupy up to 16,500 SF while retaining the existing tenant or purchase vacant (subject to tenant buy‑out).
- Value‑add redevelopment opportunity to convert to flex/industrial use at an entry basis below replacement cost ($187 PSF).
- Recently renovated in 2019 with approximately $500,000 in capital improvements.
Overview
Located at 689 Airport Fwy in Hurst, Texas, this property presents a net lease investment opportunity. The tenant is corporately guaranteed with an Absolute NNN lease structure extending through 2030. Renovated in 2019 with approximately $500,000 in capital improvements, the property offers a 7.63% cap rate with built-in rent escalations. The 20,319 square foot building is situated on a 3.01-acre lot and provides a parking ratio of 8.6 spaces per 1,000 SF. The location offers immediate access to Highway 183, which sees over 240,000 vehicles per day, and is in close proximity to I-820, providing accessibility in a central DFW location approximately 12 miles from DFW International Airport. The building provides flexibility for potential owner-user scenarios, with the option to occupy up to approximately 16,500 square feet while retaining the existing tenant in the remainder of the property, subject to current lease terms. Alternatively, the property can be sold vacant to an owner-user subject to seller obtaining a buy-out from the current tenant in place. The property also presents a value-add redevelopment opportunity to convert the existing improvements to true flex/industrial use, with an entry basis below replacement cost at $187 PSF.
Location Intelligence
Current Use by Public Records
MRO Corporation
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Hurst
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1828654
- Latitude
- 32.8379465
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Corporately guaranteed tenant, absolute NNN lease, excellent accessibility.
Where is this office building located?
The property is located at 689 Airport Fwy Hurst, TX.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Corporately guaranteed tenant with Absolute NNN lease through 2030, providing stable income.; **High‑traffic location with immediate access to Highway 183** (240,000+ vehicles per day) and close proximity to I‑820 and DFW International Airport.; **Attractive 7.63% cap rate with built‑in rent escalations.**
