East Northeast Fort Worth Commercial Real Estate Market
East Northeast Fort Worth is a suburban office submarket, where almost all inventory was built before 2000, and most properties are either B or C class.
The submarket's vacancy rate was among the metroplex's highest after Motorola moved out of nearly 600,000 SF at Fossil Creek Business Park in 2010. That move was followed by a few other major move-outs earlier this cycle. However, absorption took off with Lockheed Martin taking 430,000-SF in the Fossil Creek Business Park in spring 2019.
Following the improvement in fundamentals, rent growth has been positive for a few years, and rents are nearly 15% above their prerecession peak. Typically, transactions involve smaller, lower-quality properties.
If you are looking for lower-priced rental space this market should diffidently be considered. Obviously, there are other factors besides rent but for the financially motivated tenant, there is an opportunity in the East Northeast Fort Worth commercial market.
Property types are as follows:
Office 348 Buildings/4.7 MSF
Warehouse 474 Buildings/48.8 MSF
Medical 6 Buildings/258 KSF
If you would like building specific information fill in our East Northeast Fort Worth Free Commercial Space Report and submit it to us. We will respond quickly with valuable building information that you can use to locate your East Northeast Fort Worth commercial space.
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