Near Southside Mercantile 1217-1219 8th Ave 21,883 SF 89% Leased 4-Star Retail Building Fort Worth, TX 76104 For Sale

Institutional Quality Urban Retail Asset – Newly constructed in 2017, Near Southside Mercantile is a 21,883 SF, modern multi-tenant retail center situated on 1.13 acres in one of Fort Worth’s most vibrant and walkable submarkets
High Occupancy with Durable Cash Flow – The property is 89% occupied with $802,220 of in place NOI and a 3.85 year weighted average lease term remaining, providing immediate income with limited near term rollover risk
Diversified, Service Oriented Tenant Mix – The center is anchored by a strong lineup of restaurant, fitness, office, and service users, including Cheba Hut, Wabi House, Hill & Wilkinson, Vonte’s Philly Cheesesteaks, Soul Sweat, and Atomic Wings, driving consistent daily traffic and insulation from e-commerce disruption
Immediate Value Add Through Lease Up – One 2,391 SF (10.93% of GLA) space is currently available, offering investors the opportunity to immediately increase GPR by $100,000+
Prime Near Southside Location – Located along 8th Avenue in the heart of Fort Worth’s Near Southside district, the property benefits from strong surrounding residential density, proximity to downtown, Texas Health Resources, and major employment and entertainment nodes