Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Park 20 located in Lancaster, Texas. Totaling 468,300 square feet and situated within the heart of the Dallas-Fort Worth region, the offering represents the rare opportunity to acquire a state-of-the-art, 100% leased, Class A industrial project located in one of the Dallas/Fort Worth Metroplex’s most desirable big box submarkets. Park 20 promises investors a true core investment with ideal combination of long-term cash flow, functionality, location, quality, and exit liquidity.
The property is positioned in the institutional South Dallas Industrial Submarket, known for its ease of accessibility to major interstate highways (I-35E, I-20, I-45 and US Hwy 67) that run directly through this submarket. Local, regional and national distributors benefit from the prime location and a population of 7.5 million within D/FW and 58.6 million within a one day’s drive. The property offers premium a location with exceptional regional accessibility and immediate access to an abundant labor supply.
- Long term lease with annual bumps
- 2017 Class A construction
- Ability to expand trailer parking by up to 74 stalls
- Mission-critical logistics distribution location
- Located in DFW’s fastest absorbing industrial submarket market