8513 McCart Ave - Freestanding FOR SALE
Fort Worth, TX 76123 |
$1,698,000 USD
972-755-5205
8513 McCart Ave
Fort Worth, TX 76123
HIGHLIGHTS
- Limited Future Competition - Fort Worth Zoning Requirements Don’t Allow for the Construction of New Dollar Stores Within a Two-Mile Radius of Existing
- Excellent Access and Visibility on McCart Avenue (19,604 VPD)
- More Than 208,483 Residents Within a Five-Mile Radius
- Large 1.70 Acre Parcel With Ample Parking and Multiple Access Points
- Commitment to Site – Tenant Exercises an Option in 2020 and has Operated at This Location for 14 Years
OVERVIEW
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Fort Worth, TX. The property consists of a 8,320-square-foot, freestanding building that sits on approximately 1.70 acres of land. There are 1.4 years remaining on the lease with 10% rental increases in each option.
FOR SALE DETAILS
PRICE
$1,698,000 USD
PRICE/SF
$204 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
73,921 SF
ZONING
F1
APN/PARCEL ID
41522648
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972-755-5205
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972-755-5205
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