Blue Mound Industrial
1120, 1128 and 1130 Blue Mound Road W.
Strategic Industrial Acquisition in a Prime Fort Worth Corridor
Guardian Equity, in partnership with CHC Development, has acquired Blue Mound Business Park II, a 149,000 SF industrial flex warehouse situated on 20.68 acres in North Fort Worth, Texas. This off-market opportunity was sourced through long-standing relationships and acquired below replacement cost, creating strong built-in value from the start. The property, developed in three phases between 2006 and 2020, is well-located just off Highway 287—minutes from major interstates, the Alliance logistics hub, and surrounded by a rapidly growing community.
Overview
Driving Appreciation by Aligning with Market Value
With vacancy at 20% and average rents 30% below market at the time of purchase, the investment strategy includes bringing occupancy and rental rates more in line with the market, repositioning the tenant mix and converting leases to triple net (NNN) over time. Additionally, one large suite will be divided to accommodate smaller tenants, a segment with historically higher demand. With an attractive cost basis, a strategic location appealing to a diverse tenant base and room to increase net operating income through operational improvement to the property, Blue Mound Industrial offers a compelling opportunity for capital appreciation and stable income.