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12450 Timberland Blvd
Keller, TX 76244
Walgreens · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
A
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.66 AC
Zoning
C2 - general commercial district
Parking
24 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
216’ on Alta Vista Road And Timbe

Amenities

  • Dedicated Turn Lane

About 12450 TIMBERLAND BLVD , KELLER, TX 76244

The subject investment property is situated on Timberland Boulevard in Fort Worth. There are more than 74,000 individuals residing within a three-mile radius of the property and more than 162,000 individuals within a five-mile radius. The Walgreens property benefits from being well-positioned in a highly dense residential corridor consisting of several national tenants, including: McDonald’s, Pizza Hut, Subway, 7-Eleven, Cabela’s, Bank of America, Domino’s Pizza, Kroger, Great Clips, Little Caesar’s, as well as many others. This Walgreens also benefits from being situated within a three-mile radius from Fort Worth Alliance Airport, which is the second largest airport facility in North Texas, behind only Dallas/Fort Worth International Airport with over 110,000 flight operations annually. Additionally, several academic institutions surround the site including Caprock Elementary, Timber Creek High School, Kay Granger Elementary School, and Independent Elementary School, which have a combined total enrollment exceeding 2,000 students. Fort Worth is the 15th-largest city in the United States and the fifth-largest city in the state of Texas. It is the county seat of Tarrant County, covering nearly 350 square miles into four other counties: Denton, Johnson, Parker and Wise. According to the 2017 census estimates, Fort Worth's population is 874,168. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The Fort Worth Museum of Science and History, designed by famed architect Ricardo Legorreta of Mexico, engages the diverse Fort Worth community through creative, vibrant programs and exhibits. The Dallas–Fort Worth metroplex (officially designated the Dallas–Fort Worth–Arlington, TX Metropolitan Statistical Area) encompasses 13 counties within the U.S. state of Texas. It is the economic and cultural hub of the regions of North Texas, and it is the largest inland metropolitan area in the United States. The region's economy is primarily based on banking, commerce, telecommunications, technology, energy, healthcare and medical research, and transportation and logistics. In 2017, Dallas–Fort Worth is home to 22 Fortune 500 companies, the third-largest concentration of Fortune 500 companies in the nation, behind New York City (63) and Chicago (34). The metroplex encompasses 9,286 square miles of total area, making it larger than the states of Rhode Island and Connecticut combined.

Property Taxes

Property Taxes

Parcel Number
41398890
Land Assessment
$1,087,260
Improvements Assessment
$1,598,840
Total Assessment
$2,686,100
  • Listing ID: 16844764

  • Date on Market: 8/7/2019

  • Last Updated:

  • Address: 12450 Timberland Blvd, Keller, TX 76244

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