Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1020 Shady Oaks Drive in Denton, Texas. The subject property consists of approximately 21,855 square feet of warehouse space and is situated on 1.08 acres of land. The single-tenant asset features a clear height of 16’, four dock-high doors, one drive-in door, metal construction, two HVAC units, and three-phase heavy power with 240 volts. Running along the property is a stormwater levy system that protects the property from flooding. Situated along U.S. Route 77, the property can access Downtown Dallas and Downtown Fort Worth respectively via Interstates 35 East and 35 West. This sale offers buyers the opportunity to invest in one of the fastest-growing large cities in America with high demand for industrial space. In the last Census Report, the city of Denton grew 24.6 percent from 2010 to 2020 (Denton Economic Development Partnership). The midsized Denton submarket contains 24.2 million square feet of industrial space. In 2024, the Denton submarket recorded its highest year of industrial demand, clocking in 2.2 million square feet of net absorption. However, supply outpaced demand again with the second-highest level of net deliveries at 3.0 million square feet, following a record-high set in 2023. Due to the wave of speculative inventory, the vacancy rate increased from 4.0 percent at the end of 2022 to 20.2 percent by the end of 2024. Given that 96.5 percent of this new inventory was concentrated in properties 50,000 square feet and larger, availability among comparable properties has remained relatively low. The vacancy rate for industrial properties in Denton under 50,000 square feet actually fell 140 basis points to 3.7 percent in 2024, sitting lower than the 5.9 percent market average for comparable properties across Dallas-Fort Worth. The Dallas-Fort Worth metroplex is the fourth-most populous metro in the nation, with a total of 8.1 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with nearly 980,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow is improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metro’s numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 24 Fortune 500 companies and many regional headquarters, drawing workers and residents. The area’s extensive network of rail and highways, along with the International Inland Port of Dallas, ensure its status as a distribution hub (Marcus & Millichap).