4632 Denton Hwy - Storefront Retail/Office FOR SALE


Fort Worth, TX 76117- Outer N Richland Hill/Haltom City
$995,000 USD
469-520-1198
4632 Denton Hwy, Fort Worth, TX for Sale
$995,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 7% Cap Rate


OVERVIEW

4632 Denton Highway represents a stabilized, value-add commercial retail investment opportunity in the high-growth North Fort Worth submarket. The asset balances immediate cash flow with near-term lease-up potential. Two new Double Net (NN) leases were executed within the past 90 days at current market rates and with significant inbound activity on the remaining vacant spaces. Located just south of Loop 820, the Property is only minutes from North Fort Worth, North Richland Hills, Richland Hills, and Watauga. It offers excellent frontage on Denton Highway, a primary north-south thoroughfare connecting the Mid-Cities to the Alliance corridor. The property features newly applied exterior paint and parking lot resurfacing and striping. In addition, three of the five rental units were remodeled within the past 18 months. The structural core systems are in good functional condition, minimizing near-term capital expenditure exposure for an incoming buyer.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denton Highway Neighborhood Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C-3

APN/PARCEL ID

00720437

ASK ABOUT THIS PROPERTY

John TorresPreeminent CRE GroupMore Info
469-520-1198

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John TorresPreeminent CRE GroupMore Info
469-520-1198

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