6050 Lake Worth Blvd - Freestanding FOR SALE


Lake Worth, TX 76135
$1,515,000 USD
469-844-8884
6050 Lake Worth Blvd, Lake Worth, TX for Sale
$1,515,000 USD
Freestanding - FOR SALE
1/4
null | 7.5% Cap Rate

6050 Lake Worth Blvd
Lake Worth, TX 76135


OVERVIEW

Outstanding Frontage Along Lake Worth Blvd – Visible to Over 33,000 Vehicles Per Day Dense Location – Home to Over 184,000 People in a 5-Mile Radius Both Tenants Have Occupied the Property for Over 10 Years, Showing Commitment to the Site Rental Rate is $22.79 PSF for Texas Health Resources – Market for Similar Medical Space in the Area is $25 PSF Short Term Left for Both Tenants – Creating Upside in Ability to Renew Tenants at a Market Rate Located Less than 10 Miles from The Lockheed Martin Corporation National Headquarters – Which Employs Over 121,000 Employees Nationwide Average Household Income is $85,294 in a 5-Mile Radius – Well Above the National Average Surrounding Retailers Include Walmart, The Home Depot, Lowes, Albertsons, Target, McDonalds, QuickTrip, Walgreens, Best Buy, 24 House Fitness, Tractor Supply Co & Many More…

FOR SALE DETAILS

PRICE

$1,515,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Health Resources Strip

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

F1

APN/PARCEL ID

01565982

ASK ABOUT THIS PROPERTY

Jason VitorinoSTRIVEMore Info
469-844-8884

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Jason VitorinoSTRIVEMore Info
469-844-8884

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