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401-411 Alta Mere Dr 9,566 SF 100% Leased Retail Building Fort Worth, TX 76114 $7,424,309 CAD ($776.11 CAD/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- 2023 Construction, 2-Tenant Asset Leased to Relevant Medical Tenants Behavioral Innovations & Total Med Solutions in Fort Worth, TX
- Behavioral Innovations, Established Autism Therapy Provider Signed New 5-Year Corporate Lease in May 2025 with Annual Escalations; 105+ Clinics Across
- Adjacent to Target (Shadowed), Walmart, Lowes & Sams Club, Among Numerous Other National Credit Tenants; Over 5.8MM SF of Retail GLA within a 2-Mile R
EXECUTIVE SUMMARY
Behavioral Innovations & Total Med Solutions is a 9,566 square foot, two-tenant asset built in 2023 in the established submarket of Fort Worth, Texas (DFW). The Property is approximately 35 minutes from Dallas Fort Worth International Airport and less than 15 minutes from downtown Fort Worth. Total Med Solutions just signed a new 7-year lease in December 2025 and Behavioral Innovations signed a new 5-year corporate lease in May 2025. Both tenants have annual escalations throughout their primary term and two (2) 5-year renewal options. Total population has increased by over 27% in a one-mile radius from 2000 to 2024. Over 5.8 million square feet of retail exist in a 2-mile radius with adjacent users including Walmart Supercenter, Target, Sam’s Club, Lowe’s Home Improvement, McDonald’s, Starbucks, Chick-fil-A, Panda Express, Take 5 Oil Change, AT&T, and PetCo Pet Store among several others. Strategically positioned along the frontage of State Highway 183, locally known as Alta Mere Drive, a major east-west thoroughfare across North Texas, the Property benefits from exceptional visibility and access in a high-traffic area with multiple ingress/egress points along Sherry Lane.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,566 SF
Building Class
C
Year Built
2023
Price
$7,424,309 CAD
Price Per SF
$776.11 CAD
Cap Rate
6%
NOI
$445,499 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.94 AC
Zoning
F1 - Commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,675 SF
- Retail
- -
- Nov 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,675 SF | Retail | - | Nov 2026 |
1st Floor
| Size |
| 3,675 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Nov 2026 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,473,179 CAD | |
| Land Assessment | $2,237,262 CAD | Total Assessment | $5,710,442 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,237,262 CAD
Improvements Assessment
$3,473,179 CAD
Total Assessment
$5,710,442 CAD
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401-411 Alta Mere Dr
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