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The Shops on Sylvania 901-911 N Sylvania Ave 3,540 SF 100% Leased Retail Building Fort Worth, TX 76111 $1,298,232 CAD ($366.73 CAD/SF) 6.50% Cap Rate



Investment Highlights
- Strong tenant mix featuring MetroPCS and Ascend Staffing, both established national operators.
- Ascend Staffing operates more than 50 offices nationally.
- Offered on a pro forma basis with stable in-place tenancy and future income growth potential.
- MetroPCS franchise tenant is backed by an operator with over 400 stores nationwide.
- low-management NNN asset for passive investors or 1031 exchange buyers seeking stable income.
- Prime Fort Worth investment opportunity with strong access near Hwy 35W, Hwy 121, and Hwy 183.
Executive Summary
Exceptional investment opportunity in Fort Worth featuring a highly attractive, well-maintained retail asset with strong national-brand tenancy and dependable cash flow. The property is leased to MetroPCS, occupying approximately 840 SF, with a franchise operator that operates over 400 stores nationwide, along with Ascend Staffing, occupying approximately 2,700 SF, a well-established company with more than 50 offices across the country. Both tenants offer the type of stability, reliability, and low-management ownership profile investors seek in a long-term NNN asset. The building presents extremely well with an attractive elevation, arches throughout, strong curb appeal, and excellent overall condition due to consistent maintenance and upkeep. This is an ideal opportunity for an investor looking to park capital in a stress-free asset with strong tenancy, dependable income, and long-term ownership appeal, including buyers seeking a quality 1031 exchange replacement property. Strategically located in Fort Worth near Highway 35W, Highway 121, and Highway 183, the asset benefits from strong accessibility, desirable positioning, and a building profile that appeals to established retail and service-oriented users. The property is being offered on a pro forma basis, presenting investors with stable in-place tenancy today along with future income growth potential and long-term upside.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,540 SF
Building Class
B
Year Built
2005
Price
$1,298,232 CAD
Price Per SF
$366.73 CAD
Cap Rate
6.50%
NOI
$84,385 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.30
Lot Size
0.27 AC
Zoning
Retail - Retail-Office
Parking
12 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
120’ on N Sylvania Ave
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Monument Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00015261 | Improvements Assessment | $743,706 CAD |
| Land Assessment | $39,962 CAD | Total Assessment | $783,668 CAD |
Property Taxes
Parcel Number
00015261
Land Assessment
$39,962 CAD
Improvements Assessment
$743,706 CAD
Total Assessment
$783,668 CAD
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The Shops on Sylvania | 901-911 N Sylvania Ave
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