Highway 377 Retail Strip Center - SALE

INVESTMENT SUMMARY

• 4632 Denton Highway represents a stabilized, value-add commercial retail investment opportunity in the high-growth North Fort Worth submarket. The asset balances immediate cash flow with near-term lease-up potential. Two new Double Net (NN) leases were executed within the past 90 days at current market rates and with significant inbound activity on the remaining vacant spaces. The property features newly applied exterior paint and parking lot resurfacing and striping. In addition, three of the five rental units were remodeled within the past 18 months. The structural core systems are in good functional condition, minimizing near-term capital expenditure exposure for an incoming buyer.

PROPERTY DESCRIPTION

• This neighborhood retail center, located just south of Loop 820, is only minutes from North Fort Worth, North Richland Hills, Richland Hills, and Watauga. It offers excellent frontage on Denton Highway, a primary north-south thoroughfare connecting the Mid-Cities to the Alliance corridor. Potential uses include barber shop, hair and nail salon, aesthetician, insurance and tax office, mobile phone sales, specialty grocery, and numerous other retail businesses.