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Park Place
100 Park Street, Azle, TX 76020
Uploaded Attachment
N/A
28,469 SF
Retail
Neighborhood Center
Investment
11.10%
85%
Multiple
1984
2.10 AC
-
Last Verified 10/7/2003
Listing ID 13704157
Highlights
Significant upside potential in rental rates and occupancy.- Low average offering price per square foot of $63.20
- Asking cap rate is an overall 11% on exisitng numbers
- Current Occupancy is at 85%
Description
Credit tenants include Radio Shack, Subway, Pro-Cuts, Dental, Emergency Clinics, Chiropractor, University of North Texas Health Science Center, Karete Kids, Mr. Jim's Pizza and others. Stabilized and Excellent investment opportunity. Recently remodeled and upgrades.
Property is located at the NE Corner of State Hwy 199 and (Main) Park Street, Azle, Texas. Azle is about 6 miles west of Loop 820, Lake Worth, Ft. Worth, which is one of the fastest growing area of Tarrant County.
Map of 100 Park Street, Azle, TX 76020
Created 6/9/2003
Additional Information for 100 Se Parkway Street, Azle, TX 76020
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO