5940 Kroger Dr. Fort Worth TX 76244 Multi-Tenant Light Industrial Investment located in the established Alliance North Fort Worth growth corridor. 16,010 SF freestanding warehouse office building 96% leased to multiple tenants. Paul Paint and Body Shop a very long term tenant just renewed the lease in 2026 for another 5 year term. Optik Kleer just opened in this location with a 5 year lease. Rent escalations of 3% per year on most of the new leases, with the tenant's responsibility for its full pro rata share of taxes, insurance, CAM. Functional layouts with drive in bays into all warehouse suites. Located on a corner of Kroger Dr Park Vista Circle with 18,788 CPD traffic counts just 500' from Highway 377 in the heart of North Tarrant County's industrial corridor. Surrounded by dense residential development, retail centers, distribution hubs in the Alliance market. Accessible location serving Fort Worth, Keller surrounding communities. Situated within one of the fastest growing commercial residential areas in North Texas.
| Listing Id: | 21400180 |
|---|---|
| List Price: | $2,500,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Warehouse |
| Status: | Active |
| Unexempt Taxes: | $30,099 |
| Lot Size Square Feet: | 43,124.4000 |
| Lot Size Acres: | 0.99 |
| Waterfront?: | No |
| City: | Fort Worth |
| County Or Parish: | Tarrant |
| Subdivision Name: | Park Vista Bus Park Add |
| Postal Code: | 76244 |
| Year Built: | 2001 |
| Accessibility Features Yn: | No |
| Basement Yn: | No |
| Building Area Source: | Public Records |
| Building Area Total: | 16,150.00 |
| Building Use: | Industrial, Office/Warehouse |
| Business Type: | Commercial, Industrial, Mixed, Warehouse |
| Ceiling Height: | 11 to 14 Feet |
| Consent for Visitors to Record: | Audio, Video |
| Construction Materials: | Aluminum Siding |
| Cooling: | Central Air, Electric, Multi Units, Zoned |
| Directions: | GPS location 5940 Kroger Dr. Fort Worth TX 76244 |
| Flooring: | Carpet, Concrete, Painted/Stained |
| Foundation Details: | Slab |
| Freight Doors: | Grade Level |
| Gross Annual Expenses: | $63,000 |
| Gross Annual Income: | $216,000 |
| Heating: | Central, Electric, Zoned |
| Leasable Area: | 15,370.00 |
| Lease Expiration Date: | 04/30/2031 |
| Lease Rate Max: | 10.00 |
| Lease Rate Min: | 9.52 |
| Lease Term Description: | Five of Leases are in their first year of a Five Year Term. Check others. |
| Listing Terms: | Cash, Conventional, Not Assumable |
| Lot Features: | Corner Lot, Landscaped, Sprinkler System |
| Lot Size: | .5 to < 1 Acre |
| Lot Size Area: | 0.9900 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | Yes |
| Net Operation Income: | $152,000 |
| Notice Surveillance Devices Pres: | Audio, Video |
| Number Of Leaseable Spaces: | 10 |
| Number Of Spaces Leased: | 8 |
| Occupancy Rate: | 95 |
| Operating Expense Includes: | Accounting, Insurance, Legal, Maintenance, Maintenance Grounds, Maintenance Structure, Professional Management, Trash, Utilities, Water/Sewer |
| Owner Pays: | Other |
| Parking Features: | Common, Concrete, On Site, Open, Outside, Parking Lot, Unassigned |
| Possession: | Negotiable |
| Postal Code Plus 4: | 5623 |
| Road Frontage Type: | City Street, Sidewalk |
| Roof: | Metal |
| Sqft Gross: | 16,000 |
| Stories Total: | 1 |
| Tenant Pays: | All Utilities, Common Area Maintenance, Electricity, Insurance, Janitorial Service, Management, Repairs, Sewer, Taxes, Trash Collection, Water |
| Utilities: | Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Electricity Connected, Master Water Meter, Overhead Utilities, Phone Available, Sewer Available, Sidewalk, Underground Utilities |
| Will Subdivide: | Subdivided |
| Year Built Details: | Preowned |
| Zoning Description: | Light Industrial |
Listing Courtesy of: Covenant Realty Group
Listing Agent: Peter Konopka
817-715-1931
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 03:54 PM - CT
Property Last Updated: October 08, 2026 03:54 PM - CT
