Investment Overview
Pleasant Valley Industrial Park (the “Property”) is a ±12,800-square-foot, multi-tenant small-bay industrial asset located in Arlington, Texas. The Property consists of four suites that are 100% occupied by three tenants on NNN leases, providing stable in-place income supported by 3.7% average annual contractual rent increases and a Weighted Average Lease Term (WALT) of 3 years.
The Property is positioned just over one mile north of I-20 and less than four miles west of SH 360. This infill location provides convenient access to major transportation corridors, including I-35W, I-30, I-820, and SH 121, allowing efficient connectivity throughout the Dallas–Fort Worth Metroplex.
The building is designed to accommodate small-bay users with an average suite size of ±3,200 square feet, 100% HVAC, grade-level loading, and approximately 25% office and 75% warehouse finish-out. This functional configuration supports a broad range of light industrial and service-oriented tenants and enhances the Property’s long-term leasing desirability.
The Property is offered at a 7.0% in-place cap rate with 3.7% average annual contractual rent increases, providing predictable NOI growth and a 7.5% Year-5 pro forma cap rate. Market fundamentals further strengthen the investment opportunity, with approximately 7.1% vacancy, forecasted average annual rent growth of 3.84% through 2030, and zero projected net new supply over that period (CoStar).
Demographics within a five-mile radius include average household income exceeding $91,810 and median home values above $298,700, supporting the strength and stability of the surrounding trade area.
Overall, Pleasant Valley Industrial Park offers investors the opportunity to acquire a stabilized, income-producing small-bay industrial asset in a highly accessible infill Arlington location, combining durable cash flow, embedded contractual rent growth, limited near-term capital exposure, and strong underlying market fundamentals.
Investment Highlights
- ±12,800 SF multi-tenant small-bay industrial asset located in Arlington, Texas
- 100% occupied by three tenants on NNN leases with a Weighted Average Lease Term (WALT) of 3 years
- 7.0% in-place cap rate with 3.7% average annual contractual rent increases
- 7.5% Year-5 pro forma cap rate driven by contractual tenant rent increases
- 100% HVAC suites with grade-level loading and an average suite size of ±3,200 SF
- Approximately 25% office and 75% warehouse finish-out with 14’ clear height
- Infill Arlington location just off W Mayfield Road between I-20 and W Pioneer Parkway
- Strong surrounding demographics with $91,810+ average household income and $298,700+ median home values within a five-mile radius (CoStar)
- Tight industrial market with 7.1% vacancy, forecasted average annual rent growth of 3.84% through 2030, and zero projected net new supply (CoStar)