Marcus & Millichap is pleased to offer the opportunity to acquire a 5,342-square foot, new construction, two-tenant retail center located in Willow Park, Texas. The center is 100 percent occupied, and both leases are triple-net leases. MB2 Dental and Willow Park Nail Bar are both new ten year leases with annual rent bumps and options for renewal. The center is 2020 construction and is situated on a 0.634-acre parcel.
MB2 Dental Center is strategically located on Willow Bend Drive near the intersection of Interstate 20 Frontage Road. The center benefits from easy accessibility from Interstate 20, a major thoroughfare with traffic counts of approximately 78,000 vehicles per day. MB2 Dental Center is located near many national and regional retailers including Starbucks Coffee, Chicken Express, Brookshire’s Grocery Store, McDonald’s, Domino’s Pizza, Dollar General, Whataburger, Taco Casa, Sonic, Pizza Hut, and others. The center is also located less than two miles from The Shops at Willow Park, an outdoor shopping location with more than 20 tenants. The Shops at Willow Park has walking trails connecting the entire development, providing a vibrant town square atmosphere. The surrounding area has strong demographics, with a five-mile average household income of approximately $140,128 and the five-mile population exceeding 30,414 residents.
- 5,342-Square Foot, New Construction Retail Center
- 100% Occupied | All Leases are Triple-Net
- Both Tenants have New 10-Year Leases with 3% Annual Rent Bumps
- Internet Resistant Tenant Base
- Situated on a 0.634-Acre Parcel with a Concrete Parking Lot and Attractive Landscaping
- Located on Willow Bend Drive Just South of the Interstate 20 Frontage Road | Traffic Counts on Interstate 20 are Approximately 78,000 Vehicles per Day
- Near Many National Retailers Including Starbucks Coffee, Chicken Express, Brookshire’s Grocery Store, McDonald’s, Domino’s Pizza, Dollar General, Whataburger, Taco Casa, Sonic, Pizza Hut, and Others
- Surrounding Area has Strong Demographics, with a Five-Mile Average Household Income of Approximately $140,128 and the Five-Mile Population Exceeding 30,414 Residents
- Located Less than Four Miles From The Shops at Willow Park | An Outdoor Shopping Destination for the Area Featuring Retailers and Restaurants
- Located Less than Ten Miles from Weatherford College | Current Enrollment of Approximately 11,000 Students and Faculty
- Located 19 Miles West of Downtown Fort Worth