The subject property is a 12,000-square-foot, multi-tenant retail center that is located in The Shoppes of Renaissance Square development, strategically located in a densely populated area of Fort Worth, Texas. The center is 100 percent occupied, and 87 percent of the gross leasable area has triple-net leases. Renaissance Square has a strong tenant base comprised of national and regional retailers, including Accident & Injury Chiropractic, Wingstop, Pizza Hut, Cricket Wireless, La Familia Auto Insurance, MetroPCS, and Prosperity Bank. The bank is positioned in the west end cap suite and features a drive-through window and ATM machine. Constructed in 2014, the building is situated on a two-acre lot with ample paved parking in the front and back of the building.
The subject property is located on East Berry Street near the hard corner intersection with Mitchell Boulevard and half of a mile from Highway 287. The center benefits from multiple ingress and egress points, with cumulative traffic counts exceeding 35,533 vehicles per day. The center is shadow-anchored by a Walmart and a Marshall’s-anchored retail center; numerous other national retailers are in The Shoppes of Renaissance Square development including Ross Dress for Less, Shoe Carnival, Hibbett Sports, Rainbow, Dollar Tree, It’s Fashion, Rue21, Bank of America, Wendy’s, GameStop, Panda Express, AutoZone, McDonald’s, 7-Eleven, Popeyes, Burger King and others. The center is in close proximity to many school campuses, providing additional traffic to the area. Renaissance Square is located in a densely populated area with 274,817 residents within a five-mile radius.
- 12,000-Square-Foot, Stabilized Multi-Tenant Retail Center | Shadow-Anchored by Walmart and a Marshall’s-Anchored Retail Center with National Tenants
- 100% Occupied | 87% of the Gross Leasable Area has Triple-Net Leases
- Strong Tenant Base Comprised of 100% National or Regional Retailers | Complementary Mix of Internet-Resistant Businesses
- Building is 2014 Construction with an Attractive Facade and Ample Paved Parking
- West End Cap (Prosperity Bank) has a Drive-Through Window and ATM Machine
- Located on the Southeast Quadrant of Berry Street and Mitchell Boulevard, Less Than Half of a Mile from Highway 287 | Multiple Ingress and Egress Points | Cumulative Traffic Counts are Approximately 35,533 Vehicles Per Day
- Part of The Shoppes of Renaissance Square Development Featuring Numerous National Retailers, Including Walmart, Marshall’s, Ross Dress for Less, Shoe Carnival, Hibbett Sports, Rainbow, Dollar Tree, Bank of America, Wendy’s, GameStop, Panda Express, AutoZone, McDonald’s, 7-Eleven, Popeyes, Burger King, and More
- Located About Five Miles Southeast of Downtown Fort Worth, The Medical District, and The Cultural District
- Densely Populated Area Exceeding 274,817 Residents Within a Five-Mile Radius | Average Household Income is $64,878
- Close Proximity to Many School Campuses, Providing Additional Traffic to the Area
