Fossil Creek at Alta Mesa is a 100 percent leased, 11,228-square-foot, multi-tenant retail center located in a high-growth area of Fort Worth, Texas. Tenants are a complementary mix of internet-resistant, service-oriented retailers including Meza Pizza, RevFit, Creek Liquor Wine & Cigar, Resort Nail Bar, and Stretch Zone. The Meza Pizza end cap suite features a drive-through window. All leases are triple-net, and include scheduled rent escalations during the primary term, as well as options for renewal with rent increases. Constructed in 2023, the building features an attractive architectural design with metal awnings, situated on a 1.35-acre lot with concrete parking. The end cap suite leased to Meza Pizza has a drive-thru window.
The subject property is located in the Tavolo Park development on Altamesa Boulevard, near the intersection with Bryant Irvin Road with close access to Chisholm Trail Parkway, a major thoroughfare for Tarrant and Johnson counties. Traffic counts in front of the property on Altamesa Boulevard are approximately 14,054 vehicles per day. Tavolo Park is a 468-acre, mixed-use development with plans for 1,000 single family lots, 387 multi-family units, a 100,000-square-foot medical office, age targeted single and multi-family neighborhoods, retail, office, hotel, and community amenities including a lake, walking trails, parks, swimming pool, and more.
- 11,228-Square-Foot, Multi-Tenant Retail Center in a High-Growth Area of Fort Worth
- Well Positioned in Tavolo Park Mixed-Use Development, One of the Area’s Most Recently Developed Master-Planned Communities | Featuring First Class Single Family and Multi-Family Homes, a Medical Office, Assisted Living/Memory Care Facility, Ladera at Travolo Park Senior Living Community, Retail, Hospitality, and More
- 100% Leased with Triple-Net Leases | All Leases Include Scheduled Rent Escalations, Providing Year-Over-Year Income Growth
- Tenants are a Complementary Mix of Internet-Resistant, National, Regional and Local Retailers
- Current Average Rents are Below Market
- New (2023) Construction Featuring an Attractive Architectural Design | Pizza Tenant End Cap Suite Features a Drive-Thru Window
- Traffic Counts In Front of the Property on Altamesa Boulevard Exceed 14,054 Vehicles per Day | Less than One Mile West of Chisholm Trail Parkway
- Approximately 1.5 Miles South of Texas Health Harris Methodist Hospital | Serves the Communities of Fort Worth, Benbrook, Crowley, Aledo and Granbury with Advanced Medical Treatments
- Close Proximity to Shops at Chisholm Trail Ranch | 35-Acre Regional Retail, Entertainment, and Dining Destination Project on the Southeast Corner of Chisholm Trail Parkway and McPherson Boulevard
- Continuous Growth and Densely Populated Area | Population is 194,886 Residents Within Five Miles | Average Household Income is $131,271 Within One-Mile Radius; $97,561 Within Three Miles; and $95,511 Within Five Miles
