3100 Miller Ave
Fort Worth, TX 76105
Walgreens: Fort Worth, TX · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 15,005-square-foot freestanding Walgreens situated on 1.65 acres in Fort Worth, TX (MSA Population: 7.1 million). Built in 1999, Walgreens signed a 20-year NN lease that has ±2.8 years of primary term remaining with eight 5-year renewal options. The property is ideally located with excellent frontage and visibility on a hard corner at the signalized intersection of Miller Avenue and Berry Street (Combined Traffic Count: 28,560 VPD) in the historic Stop Six neighborhood. This primarily residential neighborhood just 5 miles southeast of downtown Fort Worth is bounded by Interstate 30 to the north, Interstate 820 to the east, and Martin Luther King Freeway to the west and south. Walgreens is strategically situated directly across Miller Avenue from a neighborhood center anchored by Fiesta Mart, a Houston-based supermarket chain that operates approximately 60 stores across Texas. Additionally, three Tarrant County offices are situated just across Berry Street from the site. No other major pharmacy chains operate within 2 miles of the site. A new mixed-use development is currently underway on a 180-acre site just 1 mile west of Walgreens on Berry Street. The property, named Renaissance Square, will eventually include 500,000 square feet of retail, 142 multifamily units, a 120-unit senior housing center and 250 single family and townhomes, as well as 20 acres slated for office use. The first phase of the development to be completed, the 300,000-square-foot Shoppes at Renaissance Square, features national retailers including Walmart, Marshalls, Ross, AutoZone and many others.