Sycamore Point Shopping Center

Price: $3,150,000
Sq. Ft.: 6,819
Cap Rate: 6.23%
Built: 2016
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Sycamore Point Shopping Center is a 6,819-square-foot, multi-tenant retail center located in a densely populated area in the southern portion of Fort Worth, Texas. The center is 100 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, medical tenants including iKids Pediatric Care, Care & Care Pharmacy, and Sycamore Dental. Additional income is derived from a Wells Fargo Bank ATM and an ice kiosk. The building is newer 2016 construction and is situated on a 1.117-acre parcel with ample concrete parking.

The subject property is located at the signalized, hard corner of West Everman Parkway and Sycamore School Road. Cumulative traffic counts in front of the property exceed 53,300 vehicles per day. The subject property is adjacent to Family Dollar. Other national retailers in the area include WinCo Foods, Wendy’s, RaceTrac, AutoZone, Taco Casa, Shipley’s Donuts, Papa John’s Pizza, The Home Depot, Sonic, Whataburger, Walmart, Taco Bell, Starbucks Coffee, Aldi, Walgreens, BBVA, Albertsons, Discount Tire, CVS Pharmacy, Goodwill, Kroger, and many more. Sycamore Point Shopping Center is in close proximity to many school campuses, providing additional traffic to the area. The surrounding area benefits from strong demographics, serving a population of more than 251,775 residents within a five-mile radius and an average household income of $78,839.

Sycamore Point Shopping Center is located approximately 10 miles south of downtown Fort Worth. 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 people.

  • 6,819-Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Leases are Triple-Net
  • 100% of the Gross Leasable Area has Medical Tenants | Leases have Personal Guarantees
  • Additional Income is Derived from a Wells Fargo Bank ATM and Ice Kiosk
  • All Leases Provide Options for Renewal with Rental Increases
  • Building is Newer (2016) Construction | Situated on a 1.1-Acre Lot with Concrete Parking
  • Signalized, Hard Corner Location at the Intersection of West Everman Parkway and Sycamore School Road | Traffic Counts are Approximately 53,300 Vehicles per Day
  • Adjacent to a Family Dollar Store | Near Many National Retailers Including WinCo Foods, Wendy’s, RaceTrac, AutoZone, Taco Casa, Shipley’s Donuts, Papa John’s Pizza, The Home Depot, Sonic, Whataburger, Walmart, Taco Bell, Starbucks Coffee, Aldi, Walgreens, BBVA, Albertsons, Discount Tire, CVS Pharmacy, Goodwill, Kroger, and More
  • Close Proximity to Several School Campuses, Providing Additional Traffic to the Area
  • Well Positioned to Serve a Densely Populated Surrounding Area of 251,775 People Within a Five-Mile Radius