$3,759,000 USD
214-960-2887
5860-5864 N Tarrant Pky
Fort Worth, TX 76244
North Fort Worth
HIGHLIGHTS
- Complimentary Tenant Mix with Uptown Cheapskate, Children’s Art Classes and Bricks & Mini Figs with Average Base Lease Expiration of February 2035
- Below Market Rents Averaging Just $24.24 PSF NNN with Comparable Retail Space Leasing in the $30’s PSF NNN
- Positioned at North Tarrant Parkway & US 377 Denton Highway (75,700+ Combined VPD); Dense Retail Corridor 1,100,000 SF of Retail GLA Along US 377
- Nearby National Tenant Retailers Include Walmart, Target, The Home Depot, Lowe’s, Kroger, Sprouts, Aldi, Academy, LA Fitness, Petco, Chick Fil A
- Moments from Watauga Towne Shopping Center & Watauga Towne Center; Combined 196,400+ SF of Retail GLA
- 16 Minutes from Downtown Fort Worth, 20 Minutes from Dallas Fort Worth Airport & 35 Minutes from Downtown Dallas
OVERVIEW
100% Leased, 9,770 SF 3-Tenant Neighborhood Shopping Center Across From H-E-B Owned Land.
Located in Dense & Affluent Pocket of North Fort Worth | Average Household Income Exceeds $135,000 & $140,800 in 1- & 3- Mile Radius, Respectively.
Close Proximity to Tarrant County College (Northeast Campus) Over 47,000 Students Enrolled in 2024 Across 6 Campuses & One of the Largest Community Colleges in Texas.
FOR SALE DETAILS
PRICE
$3,759,000 USD
PRICE/SF
$385 USD /SF
CAP RATE
6.3%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Parkwood Plaza 3-Tenant
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
2.26 AC
LAND SF
98,446 SF
ZONING
-
APN/PARCEL ID
41435435
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214-960-2887
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