12400 Timberland Boulevard - Storefront FOR SALE


Fort Worth, TX 76244- North Fort Worth
$3,995,000 USD
619-823-0253
12400 Timberland Boulevard, Fort Worth, TX for Sale
$3,995,000 USD
Storefront - FOR SALE
1/11
null | 5.93% Cap Rate

12400 Timberland Boulevard
Fort Worth, TX 76244
North Fort Worth


HIGHLIGHTS

  • 100% Occupied | Scheduled Rental Increases | Below Market Rent | Dual Drive-Thrus | Weighted Average Lease Term (WALT) - 4.4 Years
  • Strong National/Credit Tenants | Dense Retail Corridor | Texas Health Harris Methodist Hospital Alliance (151 Beds)
  • Near Signalized, Hard Corner Intersection | Centralized Location | Timber Creek High School & Caprock Elementary (4,000 Students)
  • Strong Demographics in 5-Mile Trade Area | Affluent Incomes

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Woodland Village Strip Center, an 8,510 square foot multi-tenant retail investment property located in Fort Worth, Texas (Dallas MSA). The property is currently 100% leased to a complementary mix of national and regional service-oriented tenants with a weighted average lease term remaining of approximately 4.4 years, reducing near-term rollover risk for a future investor. More than 61% of the current tenant lineup has operated at the property for over 10 years, demonstrating long-term operating history and tenant stability at the site. The rent roll also features contractual rental increases throughout the majority of the tenancy, providing built-in NOI growth and a hedge against inflation. In-place rents remain below current market levels in select suites, creating additional upside potential through future renewals and tenant rollover. The site is anchored by a drive-thru equipped K-Pop Burger, providing a strong traffic draw and daily customer visitation to the center.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$1,192 USD /SF

CAP RATE

5.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodland Village Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

General Commercial

APN/PARCEL ID

43180020

ASK ABOUT THIS PROPERTY

Russel WehsenerSRS Real Estate PartnersMore Info
619-823-0253

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Russel WehsenerSRS Real Estate PartnersMore Info
619-823-0253

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.