The subject property is a 9,918-square foot, multi-tenant mixed-use center in Fort Worth, Texas. The center is fully stabilized at 100 percent occupancy with 42 percent of the gross leasable being medical tenants. All leases are triple-net, and tenants include Baylor Rehab, 9Round Fitness, Allstate Insurance, Dr. Susan Roberts, Edward Jones, Nevaeh Salon, and Hammer & Stain. Constructed in 2006, the building is situated on 0.759 acres with a concrete parking lot. The subject property is located on Basswood Boulevard, just west of Highway 377. Traffic counts are approximately 24,000 vehicles per day. The center is across Park Vista Boulevard from Walmart Neighborhood Market. Other national and regional tenants in the area include Health Mart Pharmacy, La Petite Academy, Primrose School, McDonald’s, and Subway. The densely populated area has a five-mile population of 290,770 residents, and the one-mile average household income is $101,000. Park Glen Marketplace is located approximately 11 miles north of Downtown Fort Worth near the towns of Watauga and Keller. Fort Worth is the fifth largest city in Texas, and the thirteenth largest city in the United States. Fort Worth is home to many multinational corporations, including Bell Helicopter, Lockheed Martin, American Airlines, among others, and enjoys a daytime population exceeding 621,000.
- 100% Occupied, Mixed-Use Strip Center
- All Current Leases are Triple-Net
- 42% of the Gross Leasable Area has Medical Tenants
- Situated on a 0.76-Acre Parcel with a Concrete Parking Lot
- Located at the Intersection of Basswood Boulevard and Park Vista Boulevard, Just West of Highway 377
- Easily Accessible with Multiple Ingress and Egress Points
- Traffic Counts are Approximately 24,000 Vehicles per Day
- Directly Across from Walmart Neighborhood Market
- Located in a Densely Populated Area | Five-Mile Population is Approximately 290,770 Residents
- Affluent Neighborhood with an Average Household Income of More Than $101,000 within One Mile of the Property
