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Albertsons 3525 Sycamore School Rd 57,344 SF Retail Building Fort Worth, TX 76133 $10,461,000 ($182.43/SF) 7% Cap Rate
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 58,723-square-foot Albertsons situated on 4.87 acres in Fort Worth, Texas (MSA Population: 8.2 million). Albertsons' absolute NNN lease features ±5.0 years of term remaining with no rent increases, flat for remainder of term.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
57,344 SF
Building Class
C
Year Built
1987
Price
$10,461,000
Price Per SF
$182.43
Cap Rate
7%
NOI
$732,288
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
4.87 AC
Parking
480 Spaces (8.37 Spaces per 1,000 SF Leased)
Frontage
369’ on Sycamore School Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06072879 | Improvements Assessment | $2,138,965 |
| Land Assessment | $1,186,987 | Total Assessment | $3,325,952 |
PROPERTY TAXES
Parcel Number
06072879
Land Assessment
$1,186,987
Improvements Assessment
$2,138,965
Total Assessment
$3,325,952
CONTACTS
-
Thomas Carr -
Christopher Bosworth -
Brian Pfohl -
Leah Lindell -
Katie Goldberg -
Kaitlyn Wolf -
Chris Cozby -
CBRE
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Albertsons | 3525 Sycamore School Rd
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