Fort Worth, Texas - LoopNet

FOR SALE 15051 FAA Boulevard For t Worth, Texas

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15051 FAA Boulevard For t Worth, Texas

George Curry Frank TaylorSenior Vice President Senior Vice President+1 817.334.8107 +1 817.334.8118 [email protected] [email protected]

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CONTACT INFORMATION

GEORGE CURRY Senior Vice President

+1 817 334 [email protected]

FRANK TAYLOR Senior Vice President


201 Main Street, Suite 1440 Fort Worth, TX 76102

TABLE OF CONTENTS

SECTION 1 EXECUTIVE SUMMARY 4

SECTION 2 PROPERTY DESCRIPTION 6

SECTION 3 FLOOR PLANS 10

12

14

SECTION 4 LOCATION HIGHLIGHTS

SECTION 5 MARKET OVERVI EW

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15051 FAA Boulevard For t Wor th , Texas

PRICE

$11,000,000

PRICE/RENTABLE SF

$125.71

PARCEL SIZE

8.5 ACRES

NET RENTABLE AREA

87,500 SF

BUSINESS PARK

CENTREPORT

YEAR BUILT

2000

SECTION 1

5

THE OFFERING

15051 FAA Boulevard offers an investor or user the opportunity to purchase

an 87,500-square foot building located less than one mile south of DFW

International Airport in Fort Worth, Texas. The configuration of the building

consists of 64,460 SF of office space, with the remaining 23,040 SF as

warehouse space. The building is situated on 8.5 acres with ample surface

parking at a ratio of 7/1000 for office square footage and 1/1000 for

warehouse square footage.

The Property is centrally located in the DFW Metroplex within the Centreport Business Park. Centreport is a 1,300-acre business park encompassing a

variety of facilities serving 150 companies engaged in office operations,

manufacturing, wholesale, transportation, retail, multifamily and hospitality

space. The park benefits from superior transportation infrastructure with easy

access to Highway 183, State Highway 360 and The President George Bush

Turnpike. The park is also served by the Trinity Railway Express which offers

park and ride opportunities for the employee base and dedicated bus service

throughout the park. 15051 FAA Boulevard is an ideal location that will

accommodate personnel from all corners of the DFW area.

EXECUTIVE SUMMARY

SECTION 1

6


15051 FAA Boulevard

Fort Worth, TX 76155 Class

B+ Office/Warehouse

11820314

8.5 acres

Fee Simple

87,500

Medium Industrial

5.3:1,000

7.0:1,000 Office | 1.0:1,000 Warehouse | 5.3:1,00 Overall

FAA Boulevard and Empire Road

Highways 183 and 360

vinyl wall covering, gypsum dry

suspended acoustical ceiling panels

THE OFFERING

Property

Property type

Assessor’s Parcel Number

SITE DESCRIPTION

Parcel size

Type of ownership

Rentable Square Feet

Zoning

Parking ratio

Cross street

Highway access

INTERIOR DETAIL

Walls

Ceilings

Floor coverings vinyl, carpeting, concrete

SECTION 2

7

PROPERTY DESCRIPTION

CONSTRUCTION

Year built 2000

Construction type Concrete tilt wall

Number of floors 2 stories

Exterior walls Concrete

Roof Built up system covered by gravel ballast

Foundation Concrete slab and piers

Parking surface 468 asphalt and concrete parking spaces

Loading bays five (5)

MECHANICAL

Elevator one (1)

Fire protection sprinkler system

HVAC Roof mounted package 27 units

Utilities City provided

Plumbing In compliance, locker room with showers

Back-up power Two diesel generators power for 24 hours without refueling

Fiber connec ons AT&T and Verizon

SECTION 2

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SECTION 2

9

PROPERTY DESCRIPTION

SECTION 2

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SECTION 3

LEVEL 1 FLOORPLAN

11

LEVEL 2 FLOORPLAN

SECTION 3

12


Subject property

NEIGHBORING COMPANIES THAT OWN THEIR BUILDING

SECTION 4

Graybar Electric Company Kubota Tractor CorpRSR Group IncU.S. Corrugated, Inc. AA Credit Union American Airlines American Airlines GroupCountrywide FinancialHydradine HydraulicsNBC 5/KXAS-TV Bank of America BPI

Subject property

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LOCATION HIGHLIGHTS

SECTION 4

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AREA DEMOGRAPHIC ANALYSIS

POPULATION 1 Mile 3 Mile 5 Mile

2015 Total Population: 1,239 72,087 236,146

2020 Population: 1,398 77,368 253,708

Pop Growth 2015-2020: 12.83% 7.33% 7.44%

Average Age: 31.4 33.6 34.6

HOUSEHOLDS

2015 Total Households: 590 31,163 95,517

HH Growth 2015-2020: 12.37% 7.32% 7.43%

Median Household Inc: $42,704 $43,661 $48,344

Avg Household Size: 2.1 2.3 2.5

2015 Avg HH Vehicles: 2 2 2

HOUSING

Median Home Value: $134,357 $124,313 $143,601

Median Year Built: 1994 1986 1983

MARKET OVERVIEW

SECTION 5

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15051 FAA Boulevard For t Worth, Texas

For additional information, please contact our Fort Worth sales team:

George Curry Frank Taylor +1 [email protected]


JLL 201 Main Streer, Suite 1440

Fort Worth, Texas 76102 Www.jll/fortworth.com

About JLL JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

Fort Worth, Texas - LoopNet

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