Trail Lake Plaza is a 32,539-square-foot neighborhood shopping center located in southwest Fort Worth, Texas. The property is 97 percent occupied across 15 suites and anchored by Family Dollar and Sherwin-Williams, which collectively occupy approximately 44 percent of the GLA. The balance of the center features a diversified mix of service, restaurant, and neighborhood-oriented tenants, including Subway, Today’s Balloons Events & Party Décor, Styles of India Brow Threading, and Tuxedo Outlet. Ownership has invested more than $142,000 in recent capital improvements, including exterior lighting replacements and repairs, pylon and rotating sign improvements, exterior painting, parking lot seal coating and striping, suite make-ready work, and tenant improvements for Rosie’s Pet Boutique. The recent investment enhances the property’s overall appearance and functionality while reducing near-term capital requirements for a new owner.
The property offers additional upside through the lease-up of the remaining 925-square-foot vacancy and the long-term mark-to-market of below-market rents. Average in-place rents of approximately $11.08/SF remain well below nearby retail comparables ranging from $15.00 to $20.20/SF, providing a clear path to future income growth.
Trail Lake Plaza is strategically positioned along Trail Lake Drive in southwest Fort Worth, approximately one mile from Interstate 20 and the established Hulen retail corridor. The property benefits from prominent frontage, signalized access, and exposure to approximately 19,600 vehicles per day along Trail Lake Drive, with convenient connectivity to Interstate 20, South Hulen Street, Granbury Road, and Loop 820.
SIGNIFICANT MARK-TO-MARKET RENT UPSIDE
Average in-place rents of approximately $11.08/SF remain materially below nearby retail comparables ranging from $15.00 to $20.20/SF. The substantial rent differential provides a clear path to future NOI growth through lease renewals and mark-to-market rent increases without relying on significant redevelopment or additional density.
OVER $142,000 IN RECENT CAPITAL IMPROVEMENTS
Ownership has invested more than $142,000 in recent capital improvements, including exterior lighting replacements and repairs, pylon and rotating sign improvements, exterior painting, parking lot seal coating and striping, suite make-ready work, and tenant improvements for Rosie’s Pet Boutique.
NATIONAL ANCHORS GENERATE CONSISTENT CUSTOMER TRAFFIC
Family Dollar and Sherwin-Williams collectively occupy approximately 44 percent of the GLA and serve as key traffic drivers for the center. According to Placer.ai, the Trail Lake Plaza locations generated an estimated 156,200 visits to Family Dollar and 25,200 visits to Sherwin-Williams from June 2025 through May 2026, providing consistent customer activity that benefits the surrounding tenant roster.
STABLE CASH FLOW WITH 97% OCCUPANCY
The center is 97 percent occupied across 13 of 14 suites, leaving just one 925-square-foot vacancy. A diversified mix of retail, restaurant, service, and neighborhood-oriented tenants provides multiple income streams while limiting dependence on any single tenant outside of the two national anchors.
SIGNALIZED INFILL LOCATION NEAR INTERSTATE 20
Trail Lake Plaza features prominent frontage and signalized access along Trail Lake Drive, which carries approximately 19,600 vehicles per day, with convenient connectivity to Interstate 20 and the Hulen retail corridor. The established infill location is surrounded by dense residential neighborhoods and major national retailers.
DENSE SOUTHWEST FORT WORTH TRADE AREA
More than 137,000 residents live within three miles of the property and approximately 304,000 within five miles, with the five-mile population projected to grow 5.66 percent by 2030. Average household income within five miles exceeds $99,000, supporting long-term demand for neighborhood retail.
