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1585 Old University Dr
Fort Worth, TX 76107
Diamonds Direct Ground Lease · Retail Property For Sale
Investment Highlights
- Zero Landlord Responsibility Brand New 15-Year Absolute Net Lease within Top Retail Destination of Fort Worth, TX
- 2025 Construction Freestanding Asset Situated on +/-0.80 Acres Adjacent to Prestigious Westbend Mixed Use Asset
- Average Household Income Exceeds $130,700 & $112,480 in a One & Three Mile Radius, Respectively
- Diamonds Direct Corporate Lease with Annual Reported Revenue in Excess of $446,000,000 When Acquired by Signet Jewelers
- Fort Worth is Ranked as 12th Largest City in United States and 4th Largest in Texas; Dubbed Fastest Growing Big City (Census Bureau)
- Favorable Visibility to University Drive, Brand New Improvements & Exceptional Finish Out
Property Facts
Property Type
Building Size
5,520 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.79 AC
Zoning
F1 - Commercial
Frontage
164’ on Merrimac Circle
Property Taxes
| Parcel Number | 06862438 | Improvements Assessment | $485,123 |
| Land Assessment | $522,060 | Total Assessment | $1,007,183 |
Property Taxes
Parcel Number
06862438
Land Assessment
$522,060
Improvements Assessment
$485,123
Total Assessment
$1,007,183
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