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100 College Ave
Weatherford, TX 76086
Weatherford Town Square: Trophy Rest. Venue · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- 32 min. west of Ft. Worth
- Top employment sectors driving demand: retail trade, manufacturing, health care
- 174,000+ county population, 7,500 residents within 1mile
EXECUTIVE SUMMARY
Weatherford Town Square is located 32 minutes west of downtown Ft. Worth. Weatherford is situated in the heart of the Barnett Shale, which has driven the area’s economic development for the last decade. Only three major arterials service Weatherford: Interstate 20; US Highway 51; and US Highway 80. This site is located on the southeast quadrant of square. US 51 and US 80 intersect at the historic Parker County Courthouse constructed in 1884. The ornate characteristics and public functions of this historic building make it a regional attraction. On a daily basis, approximately 40,000 vehicles pass by this national landmark and the surrounding town square. The square is encircled by major employers that include city hall; municipal offices; county courts buildings; and professional offices. Daytime traffic generators include government functions, private businesses and the surrounding 7,500 residents living within one mile of this site. Weatherford is the county seat that is home to 174,000 residents.
This town square redevelopment will offer one-, two- and three-story restaurant space and retail shops. One-story space is cold, white box condition and ready for move-in right now. Only three units offer enclosable, multi-terraced rooftop patios with outdoor fireplaces. The end-cap unit will ultimately become the region’s destination location for ONE leading restaurateur. Multi-level units will include finished patio structures and will be serviced by an ADA-compliant elevator constructed by landlord. The city has proposed the redevelopment of the adjacent Church Street, a pedestrian-friendly esplanade offering an exciting venue for weekend festivals with future service to the Farmer’s Market. The three-story, end-cap unit will not only offer one-of-a-kind views to the courthouse, but also to unobstructed sunsets and the west Texas plains. This site has uninhibited visibility to both frontage roads with generous signage provisions and parking in the town square for up to 260 cars. All utilities are provided to the back of the lease space with grease trap provided by landlord. All first floor patios are provided to tenants free of charge. Economic incentives have already been approved by the City that may substantially reduce the net effect rents, WELL BELOW the market rate. For more information, contact Stephen Schattner. 972.385.1907 ext 301
Up to $200,000 per restaurant space in city incentives. See link: https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/2469208/Restaurant_Incentive_Policy_Seitz_FINAL_2024.pdf
32 min. west of Ft. Worth
174,000+ county population, 7,500 residents within 1mile
Top employment sectors driving demand: retail trade, manufacturing, health care
Located in the center of the town / center of the county
On the town square with prime visibility
At intersection of 2 major US highways and 40,000+ traffic count
Extensive parking with 260 parking on square
Recognized festivals on square with national landmark courthouse outside the front door
Large employers and government offices in every direction
Major Hollywood films being shot in city
Economic incentives available and pre-approved for restaurants
1-, 2-, 3-story restaurants new construction with free 1st floor patios
Decorative interior with outdoor fireplaces
Rooftop patios with best sunset views
Grease traps included
This town square redevelopment will offer one-, two- and three-story restaurant space and retail shops. One-story space is cold, white box condition and ready for move-in right now. Only three units offer enclosable, multi-terraced rooftop patios with outdoor fireplaces. The end-cap unit will ultimately become the region’s destination location for ONE leading restaurateur. Multi-level units will include finished patio structures and will be serviced by an ADA-compliant elevator constructed by landlord. The city has proposed the redevelopment of the adjacent Church Street, a pedestrian-friendly esplanade offering an exciting venue for weekend festivals with future service to the Farmer’s Market. The three-story, end-cap unit will not only offer one-of-a-kind views to the courthouse, but also to unobstructed sunsets and the west Texas plains. This site has uninhibited visibility to both frontage roads with generous signage provisions and parking in the town square for up to 260 cars. All utilities are provided to the back of the lease space with grease trap provided by landlord. All first floor patios are provided to tenants free of charge. Economic incentives have already been approved by the City that may substantially reduce the net effect rents, WELL BELOW the market rate. For more information, contact Stephen Schattner. 972.385.1907 ext 301
Up to $200,000 per restaurant space in city incentives. See link: https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/2469208/Restaurant_Incentive_Policy_Seitz_FINAL_2024.pdf
32 min. west of Ft. Worth
174,000+ county population, 7,500 residents within 1mile
Top employment sectors driving demand: retail trade, manufacturing, health care
Located in the center of the town / center of the county
On the town square with prime visibility
At intersection of 2 major US highways and 40,000+ traffic count
Extensive parking with 260 parking on square
Recognized festivals on square with national landmark courthouse outside the front door
Large employers and government offices in every direction
Major Hollywood films being shot in city
Economic incentives available and pre-approved for restaurants
1-, 2-, 3-story restaurants new construction with free 1st floor patios
Decorative interior with outdoor fireplaces
Rooftop patios with best sunset views
Grease traps included
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
18,924 SF
Building Class
B
Year Built
2026
Price
$4,800,000
Price Per SF
$253.65
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
1.14
Lot Size
0.38 AC
Zoning
CBD - Restaurant, retail and entertainment
Parking
264 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Courtyard
- Fireplace
- Food Court
- Restaurant
- Signage
- Signalized Intersection
- Balcony
PROPERTY TAXES
| Parcel Number | R000030287 | Improvements Assessment | $224,570 |
| Land Assessment | $100,370 | Total Assessment | $324,940 |
PROPERTY TAXES
Parcel Number
R000030287
Land Assessment
$100,370
Improvements Assessment
$224,570
Total Assessment
$324,940
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