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8609 River Hills Rd

12,070 SF Industrial Building Godley, TX 76044 $1,325,000 ($110/SF) 5.87% Cap Rate

Investment Highlights

  • VIDEO TOUR: https://youtu.be/7CLQ1tsY8Qc?si=iMK1Mv4dz0plDAqH
  • Well-maintained facility built in 2007
  • Functional building with drive through doors & wash bay
  • 100% occupancy with 10 acres for future development
  • Proximity to major transportation routes
  • Do not disturb tenant-call to arrange showing

Executive Summary

VIDEO TOUR: https://youtu.be/7CLQ1tsY8Qc?si=iMK1Mv4dz0plDAqH
Hard to find leased industrial at a reasonable price point! Located on Highway 171 in Godley, a rapidly growing community that is strategically situated in the Path of Progress and only 25 minutes SW of downtown Fort Worth. The property is currently occupied by a long-term tenant, American Truck Fab, and offers 10 acres for future development. With convenient access to major transportation arteries, including Chisholm Trail Parkway, Interstate 35 and US Highway 67, the location offers seamless connectivity for industrial operators. The surrounding area boasts a growing mix of commercial and residential development, along with convenient amenities and services to support the workforce.
This well-maintained and fully-occupied property, zoned Johnson County | Godley ETJ, presents an attractive opportunity for industrial and distribution investors. Boasting newer AC units, ample parking space, and drive-through doors, this functional building offers a well thought out interior with an 18' clear height. With 10 acres available for future development, this property is positioned for expansion.

Property Facts Under Contract

Price $1,325,000
Price Per SF $110
Sale Type Investment or Owner User
Cap Rate 5.87%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 15.01 AC
Rentable Building Area 12,070 SF
No. Stories 1
Year Built 2007
Tenancy Single
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 9

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-3144-00010
Land Assessment
$250,750
Improvements Assessment
$0
Total Assessment
$250,750

zoning

Zoning Code Industrial (Zoned Johnson County/Godley ETJ)
Industrial (Zoned Johnson County/Godley ETJ)
  • Listing ID: 33946688

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 8609 River Hills Rd, Godley, TX 76044

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