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Albertsons: Fort Worth, TX 3525 Sycamore School Rd 57,344 SF Retail Building Fort Worth, TX 76133 $12,890,568 CAD ($224.79 CAD/SF) 7.75% Cap Rate
Executive Summary
CBRE is pleased to offer for sale the 58,723-square-foot Albertsons situated on 4.87 acres in Fort Worth, Texas (MSA Population: 8.2 million). Albertsons' absolute NNN lease features ±4.7 years of term remaining with no rent increases, flat for remainder of term.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
57,344 SF
Building Class
C
Year Built
1987
Price
$12,890,568 CAD
Price Per SF
$224.79 CAD
Cap Rate
7.75%
NOI
$999,017 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
4.87 AC
Parking
480 Spaces (8.37 Spaces per 1,000 SF Leased)
Frontage
369’ on Sycamore School Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06072879 | Improvements Assessment | $2,918,062 CAD |
| Land Assessment | $1,619,335 CAD | Total Assessment | $4,537,397 CAD |
Property Taxes
Parcel Number
06072879
Land Assessment
$1,619,335 CAD
Improvements Assessment
$2,918,062 CAD
Total Assessment
$4,537,397 CAD
Contacts
-
Thomas Carr -
Christopher Bosworth -
Brian Pfohl -
Leah Lindell -
Katie Goldberg -
Kaitlyn Wolf -
Chris Cozby -
CBRE
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Albertsons: Fort Worth, TX | 3525 Sycamore School Rd
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