5860-5864 N Tarrant Pky - Retail FOR SALE


Fort Worth, TX 76244- North Fort Worth | 
$3,775,000 USD
214-960-2887
5860-5864 N Tarrant Pky, Fort Worth, TX for Sale
$3,775,000 USD
Retail - FOR SALE
1/6
null | 6.25% Cap Rate

5860-5864 N Tarrant Pky
Fort Worth, TX 76244
North Fort Worth


HIGHLIGHTS

  • Below Market Rents Averaging Just $24.15 PSF NNN with Comparable Retail Space Leasing in the $30’s PSF NNN
  • Uptown Cheapskate Recently Relocated to the Property for Larger Suite to Accommodate for Increased Business in this Market
  • Across from H-E-B Grocery Company, LP Owned Land
  • Moments from Watauga Towne Shopping Center & Watauga Towne Center
  • Combined 196,400+ SF of Retail GLA Anchored by Target, Marshalls, Dollar Tree, Petco & Fitness Connection
  • Close Proximity to Tarrant County College (Northeast Campus) Over 47,000 Students Enrolled

OVERVIEW

- 100% Leased, 9,770 SF 3-Tenant Neighborhood Shopping Center Across From H-E-B Owned Land - Highly Relevant Bricks & Minifigs Collectibles/Entertainment Concept Increasing in Popularity for All Ages; Significant Franchise Area Includes Roanoke, Trophy Club, Westlake, Parts of Keller, Fort Worth, Watauga & Blue Mound - Located in Dense & Affluent Pocket of North Fort Worth | Average Household Income Exceeds $135,000 & $140,800 in 1- & 3- Mile Radius, Respectively

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uptown Cheapskate 3-Tenant Retail Center

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

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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