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West Berry Center 1715-1721 W Berry St 7 300 pi² 76% Loué Commerce de détail Immeuble Fort Worth, TX 76110 2 084 850 $ CAD (285,60 $ CAD/pi²) 5,25% Taux de capitalisation



Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 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)
Résumé de l'annonce
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.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
7 300 pi²
Classe d’immeuble
C
Année de construction/rénovation
1940/2015
Prix
2 084 850 $ CAD
Prix par pi²
285,60 $ CAD
Taux de capitalisation
5,25%
Revenu net d’exploitation
109 453 $ CAD
Pourcentage loué
76%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,58
Taille du lot
0,29 AC
Zonage
BU-CX-4 - Fait partie du W Berry/TCU FBC (Form Base Code) qui fait la promotion d'un environnement de vente au détail et de vie propice aux piétons
Façade
Commodités
- Lot de coin
- Affichage
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Fin du bail
- Atlas Credit Co Inc
- Finance et assurances
- -
-
$9.99
- -
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Fin du bail | ||
| Atlas Credit Co Inc | Finance et assurances | - | $9.99 | - |
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Poste
- Disponible
- 1719
- 1 754 pi²
- Bureau/Commerce de détail
- -
- Maintenant
| Espace | Taille | Utilisation de l’espace | Poste | Disponible |
| 1719 | 1 754 pi² | Bureau/Commerce de détail | - | Maintenant |
1719
| Taille |
| 1 754 pi² |
| Utilisation de l’espace |
| Bureau/Commerce de détail |
| Poste |
| - |
| Disponible |
| Maintenant |
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 02602180 | Évaluation des bâtiments | 1 366 820 $ CAD |
| Évaluation du terrain | 260 049 $ CAD | Évaluation totale | 1 626 869 $ CAD |
Impôts fonciers
Numéro de lot
02602180
Évaluation du terrain
260 049 $ CAD
Évaluation des bâtiments
1 366 820 $ CAD
Évaluation totale
1 626 869 $ CAD
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West Berry Center | 1715-1721 W Berry St
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