5300 Golden Triangle Blvd, Fort Worth, TX 76244
3,345 SF | 4-Star Retail Building | Fort Worth, TX 76244 | $4,387,000 ($1,312/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,387,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,345 SF
- Price / Square Foot
- $1,312
Listing Contacts
Putnam Daily
Verified Profile
Lindsey Snider
Verified Profile
- Property Info
Property Overview
The subject property is prominently located with excellent access and visibility along Golden Triangle Blvd (18,000 AADT) outparcel to a high-performing Walmart Supercenter, which draws approximately 2.6 million visitors per year according to Placer.ai data. The site benefits from robust demographics with a population of 240,801 within a 5 mile radius. Average household income within 3 miles of the site is $147,983.
The site benefits from a prominent retail location in close proximity to major retail tenants and shopping centers. Nearby retail centers include Alliance Town Center, anchored by Total Wine (522,800 annual visitors and #3 location in Texas per Placer.ai), Kroger (1.5 million annual visitors, top 25% location nationwide), H-E-B (736,000 annual visitors), Belk, and JCPenney and Presidio Town Crossing, anchored by Target (2 million annual visitors, top 20% location nationwide), WinCo Foods (1.4 million annual visitors), and Costco (2.5 million annual visitors). Other major retail tenants in the surrounding area include Sam’s Club (2 million annual visitors), CVS (345,100 annual visitors, top 25% location nationwide), ALDI (277,800 annual visitors), Walgreens (303,800 annual visitors), and more.
In addition, the property is located adjacent to Keller Sports Park, which recently underwent $30 million in renovations to transform the park into the preeminent youth sports complex in the Dallas-Fort Worth metropolitan area, featuring 7 lighted baseball fields, 2 lighted football/4 t-ball fields, 4 lighted fastpitch softball fields, 5 regulation soccer fields, 2 youth soccer fields, 5 concession buildings, a multi-use equestrian arena, indoor soccer complex, and 2 sand volleyball courts.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
The site benefits from a prominent retail location in close proximity to major retail tenants and shopping centers. Nearby retail centers include Alliance Town Center, anchored by Total Wine (522,800 annual visitors and #3 location in Texas per Placer.ai), Kroger (1.5 million annual visitors, top 25% location nationwide), H-E-B (736,000 annual visitors), Belk, and JCPenney and Presidio Town Crossing, anchored by Target (2 million annual visitors, top 20% location nationwide), WinCo Foods (1.4 million annual visitors), and Costco (2.5 million annual visitors). Other major retail tenants in the surrounding area include Sam’s Club (2 million annual visitors), CVS (345,100 annual visitors, top 25% location nationwide), ALDI (277,800 annual visitors), Walgreens (303,800 annual visitors), and more.
In addition, the property is located adjacent to Keller Sports Park, which recently underwent $30 million in renovations to transform the park into the preeminent youth sports complex in the Dallas-Fort Worth metropolitan area, featuring 7 lighted baseball fields, 2 lighted football/4 t-ball fields, 4 lighted fastpitch softball fields, 5 regulation soccer fields, 2 youth soccer fields, 5 concession buildings, a multi-use equestrian arena, indoor soccer complex, and 2 sand volleyball courts.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
Property Details
- Class
- B
- Year Built
- 2020
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 42,689 SF
Highlights
- Long-Term Absolute NNN Lease to Growing Fast-Casual Concept with 16 Years Remaining
- Annual 1.5% Rental Escalations with Corporate Guaranty
- Highly Functional Build-to-Suit Construction with a Drive-Thru Component
- Outparcel to High-Performing Walmart Supercenter
- Average Household Income of $147,983 within 3 Miles of Site
- Adjacent to Keller Sports Park - $30M Youth Sports Complex
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