New Hope Indsustrial Park

4760 Kennedale New Hope Rd, Fort Worth, TX 76140, Fort Worth, TX 76140

  • For Sale $3,391,429
  • Property Type Industrial - Flex - Industrial
  • Property Size 24,800 SF
  • Units 4
  • Lot Size 4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2018
  • Date Updated Mar 27, 2025
  • Dock High Doors 2
  • Grade Level Doors 8
  • HVAC None
New Hope Industrial Park is located on Kennedale New Hope Rd, near U.S. Highway 287, in Fort Worth, TX.New Hope Industrial Park (the “Property”) is a ±24,800 square foot multi-tenant industrial asset with industrial outside storage (IOS) positioned on four acres of land located in the South-Central Tarrant County Submarket of Fort Worth, Texas. The Property is situated on Kennedale New Hope Rd less than two and one-half miles west of Business US Hwy 287 and less than four miles south of I-20. This location provides convenient access across Dallas-Fort Worth and transportation infrastructure including I-35W, I-820, I-30, SH-360, among others. Built between 2018 and 2019, the Property consists of four, single-story industrial buildings with IOS that are 100% occupied. The Property has a Weighted Average Lease Term (WALT) of more than 3.75 years providing stable income for years to come. The Property presents an exciting cashflow opportunity with average in-place rents of $9.57/SF NNN compared to market rents ranging from $10/SF to $11/SF NNN. The Property benefits from its recent 2018 and 2019 construction reducing the potential for near-term capital expenditures along with providing functional facilities for the Property’s tenants. The Property is further enhanced by the recent yard surface improvement comprising of 792 tons of concrete flex base and regrading of the entire IOS area. As a testament to the quality of the South-Central Tarrant County Submarket, vacancy rates average just 3.6% with 2025 rent growth forecasted at 6.9%, according to CoStar Analytics. Average annual household income exceeds $108,200 within a three-mile radius and median home values are over $384,500 within a one-mile radius. Overall, New Hope Industrial Park offers a stable multi-tenant industrial opportunity with IOS coupled with an attractive 7.00% in-place cap rate and positioned in one of Fort Worth’s prominent industrial nodes.
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Highlights

  • 24,800 SF 4-Building Multi-Tenant Industrial Asset in Fort Worth, Texas
  • 4 Acres of Land With Fenced Industrial Outside Storage (IOS) Component
  • Four Tenants With NNN Leases and WALT of 3.75 Years
  • 22% Office / 78% Warehouse With Heavy Three Phase Power & 14’ Clear
  • Built in 2018 & 2019 With 8 Grade-Level, 2 Dock High, & 1 Semi-Dock High Doors
  • 96.4% Submarket Occupancy & 6.6% Annual Rent Growth Forecasted for 2025
  • $108,200+ Annual Average Household Income Within 3-Mile Radius
  • $384,500+ Median Home Value Within 1-Mile Radius

Contacts

broker

SLJ Company

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fort Worth, TX
  • Neighborhood Timber View Park
  • Zip Code 76140
  • Market Dallas Fort Worth

Points of Interest

  • Kroger

    3.09 miles

  • Valero

    3.11 miles

  • Shell

    3.21 miles

  • Quick Track

    3.32 miles

  • QuikTrip

    4.08 miles

  • Conoco

    4.34 miles

  • Exxon

    4.38 miles

  • EVgo

    5.77 miles

  • Tesla Supercharger

    7.32 miles

  • Marti Van Ravenswaay Parking Lot

    4.21 miles

  • Marti Van Ravenswaay Parking

    4.22 miles

  • Stadium parking

    6.10 miles

  • South Park and Ride

    6.38 miles

  • Lake Arlington Parking

    6.99 miles

  • St. Bartholomew Catholic Church

    9.09 miles

  • Visitor Parking

    9.20 miles

  • UTA Parking

    9.97 miles

  • Goldee’s Bar-B·Q

    0.96 miles

  • Subway

    2.49 miles

  • Jambo's Original BBQ Shack

    2.60 miles

  • Sonic

    2.61 miles

  • Shaneboy's Craft Hawaiian Grindz

    2.62 miles

  • Whataburger

    3.03 miles

  • Taco Bell

    3.06 miles

  • Jack in the Box

    3.08 miles

  • Chicken Express

    3.09 miles

  • Burger King

    3.09 miles

  • Albertsons

    3.01 miles

  • Kroger Marketplace

    3.16 miles

  • ALDI

    3.79 miles

  • Walmart Supercenter

    3.85 miles

  • Marshalls

    4.29 miles

  • Everman Supermarket

    4.39 miles

  • Walmart Neighborhood Market

    4.64 miles

  • Big Lots

    4.65 miles

  • Ross

    4.68 miles

  • Target

    4.74 miles

  • Perimeter Behavioral Hospital Of Arlington

    2.77 miles

  • Albertsons Pharmacy

    3.00 miles

  • Kroger Pharmacy

    3.20 miles

  • Action Behavior Centers - ABA Therapy for Autism

    3.26 miles

  • Walgreens

    4.17 miles

  • CVS Pharmacy

    4.33 miles

  • Sam's Club Pharmacy

    4.43 miles

  • Kindred Hospital

    4.58 miles

  • Baylor Scott & White Emergency Hospital

    4.59 miles

  • Walmart Pharmacy

    4.61 miles

Frequently Asked Questions

How much does New Hope Indsustrial Park cost?

The space currently listed for sale at New Hope Indsustrial Park asks for $3,391,429.

What is the total square footage of New Hope Indsustrial Park?

New Hope Indsustrial Park totals 24,800 square feet.

When was this property built?

New Hope Indsustrial Park was built in 2018.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

SLJ Company

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