Colonial Commercial Real Estate, LLC is pleased to exclusively offer 1715-1721 W. Berry Street (the "Property"), a 7,300 square foot, four-suite retail strip center occupying a hard corner at W. Berry Street and Stanley Avenue in Fort Worth's TCU / Paschal trade area. Renovated in 2015 with a new facade, the Property offers 125 feet of frontage on W. Berry Street (±19,054 vehicles per day, TxDOT 2024) and 100 feet on Stanley Avenue, with additional corridor exposure from 8th Avenue (±28,837 VPD) and Cleburne Road (±17,337 VPD).
The location is the story. The Property sits approximately one mile east of Texas Christian University - home to 12,980 students in Fall 2025, including the largest incoming class in school history - and roughly half a mile from R.L. Paschal High School and its ±2,100 students. W. Berry Street is the primary retail spine connecting TCU to the Hemphill and hospital-district corridors, surrounded by the dense, established neighborhoods of Fairmount, Ryan Place, and the TCU area: 23,038 residents within one mile, 125,262 within three miles, a median age of 30.4, and 90,511 daytime employees within three miles, with projected population growth of 5.5-5.9% from 2025 to 2030.
The Property is 76% occupied by three service-based, internet-resistant NNN tenants - Villains Ink Tattoo (1,754 SF, through August 2027), Loan Express (1,877 SF, through November 2027) and Hookah Town (1,915 SF, through October 2029) - producing in-place NOI of approximately $78,749.28. Lease-up of the one vacant suite, 1719 (1,754 SF at $19.00 NNN), stabilizes NOI at approximately $132,358, an 8.82% yield on the $1,500,000 asking price.
At $205 per square foot - well below replacement cost - the offering suits a value-add investor seeking a clear, executable path to stabilization in one of Fort Worth's most durable student- and neighborhood-driven retail corridors, or an owner-user able to occupy while collecting income from the two in-place tenants.