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1362 Ranchers Legacy Trail

Updated Sep 8, 2026

Bilt advertisement
Kyle Wilks Of Wilks Development Leases 24,000 Square Feet At Markum Business Park In Fort Worth
LEASEDIndustrial

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.

Players

Sarah LanCarte

LanCarte Commercial Real Estate

Broker

9 deals

Broker

Kyle Wilks

Wilks Development

Landlord

2 deals

Landlord

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

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