2725 Alta Mesa BlvdFort Worth, TX 76133

For Sale
$1,500,000

13,535 SF retail center, 1.35 acres, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
91
This 13,535-square-foot retail center, situated on a 1.35-acre lot in Fort Worth, Texas (zip code 76133), presents a compelling value-add opportunity. Built in 1986 and extensively renovated in 2021 (including a new roof and HVAC system), the property boasts four units within a single-story building. The property is zoned E - Neighborhood Commercial, allowing for diverse commercial and retail uses. Currently vacant after a long-term single tenant occupancy, this center offers immediate upside potential for either a single-user or multi-tenant configuration. With 57 parking spaces and a prime location adjacent to a Social Security Administration building and a regional shopping center, this property benefits from high visibility and convenient access. The asking price is $1,500,000. The property's location within a major retail corridor, near national tenants like Kroger, Chick-fil-A, and Big Lots, ensures strong potential for future occupancy and rental income. The surrounding area demonstrates robust demographics, with a median household income exceeding $80,000 and a rapidly growing population. This infill location offers significant advantages for investors seeking a value-add opportunity in a thriving market. The property is priced significantly below replacement cost, making it an attractive investment prospect.

Highlights

  • 13,535 SF retail building on a 1.35-acre lot.
  • Multi-tenant potential; recently vacated after 30+ years of single-tenant occupancy.
  • New roof and HVAC installed in 2021.
  • Strong demographics: average household income over $89,000 within 5 miles.
  • 57 parking spaces; E-Neighborhood Commercial zoning.

Property Details for 2725 Alta Mesa Blvd

Property type
Lifestyle centers, Power centers
Year Built/Renovated
1986/2021
Buildings
1
Stories
1
Lot Size (sq. ft)
58,806 SF
Units
4

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.64883154269
Longitude
-97.359098803909
2725 Alta Mesa Blvd, Fort Worth, Texas

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2725 Alta Mesa Blvd
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