The Village at Willow Park

Price: $4,575,000
Sq. Ft.: 11,308
Cap Rate: 6.20%
Built: 2021
NNN
VIEW PACKAGE

The Village at Willow Park is an 11,308-square-foot, newly constructed multi-tenant retail center located in a high growth area of Willow Park, a suburb of Fort Worth, Texas. The center is 100% occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, service-oriented businesses including The Studios Salon, Byrd Mill, Carve and Cask Butcher and Grocery, and The Fort Card Room. The leases provide a steady year-over-year income increase with annual rent escalations, and all leases have personal guarantees.  Constructed in 2021, the building is situated on a 0.76-acre lot and features attractive architecture with metal awnings.

Located one block south of highly trafficked Interstate 20, The Village at Willow Park is situated on Willow Bend Drive near the intersection with Willow Crossing Drive. The subject property 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. Current development of the neighboring land parcels includes a newly constructed Parker County Ice House directly across from the subject property, and a new First Bank Texas banking center, training center, and headquarters for Firsts Baird Bancshares Corporation is near completion on the corner of Interstate 20 and Willow Bend Drive. 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. Walsh Ranch is less than five miles away, a large 7,200-acre development located at the intersection of Interstate 20 and Interstate 30 on the outskirts of Fort Worth.  Walsh Ranch includes commercial development, residential neighborhoods, and mixed-use areas. The surrounding area is highly affluent, with an average household income of approximately $139,600 within a one-mile radius.

  • 11,308-Square-Foot, Multi-Tenant Retail Center Located in the Rapidly Growing Fort Worth Suburb of Willow Park
  • 100% Occupied | All Leases are Triple-Net
  • Tenants are a Complementary Mix of Local Retailers
  • All Leases Include Annual Rent Increases and Options for Renewal
  • All Leases Have Personal Guarantees
  • Building is New (2021) Construction with Attractive Architecture and Landscaping
  • Situated on Willow Bend Drive Near the Intersection with Willow Crossing | One Block South of Interstate 20, Connecting Weatherford to Fort Worth
  • Surrounding Area is Undergoing Significant Development | Newly Constructed Parker County Ice House is Directly Across the Street | First Bank Texas is Currently Under Construction Catty Corner from the Subject Property and Will Be Home to a Training Center and Headquarters for First Baird Bancshares Corporation |
  • Less Than Five Miles From Walsh Ranch, a 7,200-Acre Development Located at the Intersection of Interstate 20 and Interstate 30 | Includes Residential Areas, Commercial Development, and Mixed-Use Areas
  • Highly Affluent Surrounding Area | Average Household Income Exceeds $139,600 Within a One-Mile Radius