Updated Sep 8, 2026
Kyle Wilks Of Wilks Development Leases 24,000 Square Feet At Markum Business Park In Fort Worth
1362 Ranchers Legacy Trail & 1364 Ranchers Legacy Trail
Building Size
24,000 SF
Asset Type
Industrial
Closing
Jul 16, 2026
About this deal
AI
The asset involved in this transaction is a 24,000-square-foot industrial property located at 1362-1364 Ranchers Legacy Trail in Fort Worth, TX. The property is situated within the Markum Business Park, which comprises newly constructed buildings and is part of a growing industrial market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Square Footage: 24,000
- Address: 1362-1364 Ranchers Legacy Trail
- Market: Fort Worth, TX
- Landlord: Kyle Wilks - Wilks Development
- Brokers: Sarah LanCarte & Finn Wilson - LanCarte Commercial
In this transaction, Sarah LanCarte and Finn Wilson represented the landlord, Kyle Wilks of Wilks Development, in negotiating the lease. The tenant for the space remains undisclosed, and the lease constitutes part of the ongoing development efforts in West Fort Worth.
On the Map
Industrial
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Lexa Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93