
1102 Carrier
1102 West Carrier Parkway, Grand Prairie, TX, 75050, US
176,391 sf
Jones Lang LaSalle Americas, Inc. ("JLL") has been exclusively retained by ownership to offer qualified investors the opportunity to acquire a leasehold interest in DFW Commerce Center - Building 4 (the "Property"). This 202,492 SF Class AA industrial facility is 100% leased to a single tenant, Air Express International USA, with 4.0 years of WALT remaining. The lease is guaranteed by the parent entity Deutsche Post, A.G. dba DHL Group, rated as investment grade by both Moody's (A2) and Fitch (A-). Strategically located adjacent to Dallas / Fort Worth International Airport ("DFW Airport"), DFW Commerce Center - Building 4 operates on an activated DFW Airport ground lease with 36.3 years remaining, providing the added advantage of Foreign Trade Zone status and expense incentives. With current rents approximately 18% below market, the Property presents a compelling mark-to-market opportunity upon lease expiration or renewal. Surrounded by high barriers of entry due to the lack of developable land, DFW Commerce Center - Building 4 presents a unique opportunity for investors to acquire an irreplaceable asset within one of the nation's most-desirable submarkets. This property offers assured cash flow derived from investment-grade tenancy, further enhanced by cost reductions facilitated by the Foreign Trade Zone ("FTZ") and Freeport Exemption programs.