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5860-5864 N Tarrant Pky 9,770 SF 100% Leased Retail Building Fort Worth, TX 76244 $5,337,394 CAD ($546.30 CAD/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Below Market Rents Averaging Just $24.20 PSF NNN with Comparable Retail Space Leasing in the $30’s PSF NNN
- Across from H-E-B Grocery Company, LP Owned Land; 430+ Stores Throughout Texas & Mexico, 154,000 Employees & $38.9 Billion in Reported Revenue for 202
- Positioned at North Tarrant Parkway & US 377 Denton Highway (75,700+ Combined VPD); Dense Retail Corridor 1,100,000 SF of Retail GLA Along US 377 (CoS
EXECUTIVE SUMMARY
100% Leased, 9,770 SF 3-Tenant Neighborhood Shopping Center Across From H-E-B Owned Land
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
9,770 SF
Building Class
B
Year Built
2009
Price
$5,337,394 CAD
Price Per SF
$546.30 CAD
Cap Rate
6.15%
NOI
$328,250 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.26 AC
Parking
35 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
269’ on N Tarrant Pky
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41435435 | Improvements Assessment | $3,647,030 CAD |
| Land Assessment | $821,106 CAD | Total Assessment | $4,468,136 CAD |
PROPERTY TAXES
Parcel Number
41435435
Land Assessment
$821,106 CAD
Improvements Assessment
$3,647,030 CAD
Total Assessment
$4,468,136 CAD
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5860-5864 N Tarrant Pky
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