Victory Shops at Basswood III is a 15,849-square-foot, multi-tenant retail center situated on a 2.13-acre parcel in the rapidly growing Saginaw submarket of Fort Worth, Texas. Completed in 2022, the property features seven suites with modern architectural design, anchored by Safe Splash Swim School which occupies over 30 percent of the gross leasable area. The asset offers distinct physical advantages, including drive-through windows on both end-cap suites to accommodate high-throughput tenants like Jeremiah’s Italian Ice and Jamba Juice/Auntie Anne’s. Positioned within the larger 26-acre Victory Shops at Basswood development, the site benefits from fee simple ownership and contemporary construction standards.
The subject property is strategically located near the signalized intersection of North Blue Mound Road (FM 156) and Basswood Boulevard, serving as a strong commercial hub for North Fort Worth. The center benefits from exceptional visibility and access, with combined daily traffic counts exceeding 48,000 vehicles. The property is situated directly across from major demand generators, including Saginaw High School with approximately 2,200 students, a Kroger Marketplace-anchored shopping center, and numerous national quick-service retailers, generating consistent daily needs traffic. Additionally, the site is less than two miles from the BNSF Railway Corporate Office, a major employment hub housing over 4,500 corporate professionals.
- 100% OCCUPIED NEIGHBORHOOD RETAIL CENTER WITH BELOW MARKET RENTS
- Stabilized asset with a fully leased tenant roster on triple-net terms, providing immediate in-place cash flow. Current average rents are significantly below market, offering mark-to-market upside upon future expirations.
- NEW (2022) CONSTRUCTION WITH DUAL DRIVE-THROUGHS
- This 15,849-square-foot center was completed in 2022, offering modern construction and minimal deferred maintenance. Both end-cap suites are equipped with drive-through windows, a key feature for high-volume tenants.
- STRATEGIC HIGH-TRAFFIC FORT WORTH LOCATION
- Positioned near the signalized intersection of Blue Mound Road and Basswood Boulevard (48,000 VPD cumulatively), the property benefits from exceptional visibility and accessibility. Location is less than 1.5 miles from I-35W (126,697 VPD).
- POWERFUL DAILY TRAFFIC DRIVERS
- The center benefits from a unique synergy of demand drivers including the adjacent Saginaw High School (2,200 students), a shadow-anchoring Kroger Marketplace, and the nearby BNSF Railway HQ (4,500+ employees).
- AFFLUENT & HIGH-GROWTH DEMOGRAPHICS
- North Fort Worth continues to experience significant residential and employment growth tied to expansion throughout the Alliance corridor, supporting long-term appreciation and tenant demand for neighborhood retail assets.
