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West Berry Center 1715-1721 W Berry St 7,300 SF 76% Leased Retail Building Fort Worth, TX 76110 $2,084,850 CAD ($285.60 CAD/SF) 5.25% Cap Rate



Investment Highlights
- 7,300-SF Four-Suite Corner Strip in the TCU / Paschal Trade Area
- ±1 Mile from Texas Christian University - 12,980 Students
- Dense, Growing, Young Demographics - 23,038 residents within 1 mile and 125,262 within 3 miles
- Deep Value-Add: 76% Leased with a Clear Path to an 8.82% Stabilized Yield
- High-Exposure Corridor - ±19,054 VPD on W. Berry Street (TxDOT 2024)
Executive Summary
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,300 SF
Building Class
C
Year Built/Renovated
1940/2015
Price
$2,084,850 CAD
Price Per SF
$285.60 CAD
Cap Rate
5.25%
NOI
$109,453 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.29 AC
Zoning
BU-CX-4 - Part of the W Berry/TCU FBC (Form Base Code) which promotes a pedestrian friendly retail/living environment
Frontage
Amenities
- Corner Lot
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Atlas Credit Co Inc
- Finance and Insurance
- -
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Atlas Credit Co Inc | Finance and Insurance | - | $9.99 | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1719
- 1,754 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1719 | 1,754 SF | Office/Retail | - | Now |
1719
| Size |
| 1,754 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02602180 | Improvements Assessment | $1,366,820 CAD |
| Land Assessment | $260,049 CAD | Total Assessment | $1,626,869 CAD |
Property Taxes
Parcel Number
02602180
Land Assessment
$260,049 CAD
Improvements Assessment
$1,366,820 CAD
Total Assessment
$1,626,869 CAD
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West Berry Center | 1715-1721 W Berry St
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