4500 Heritage Trace Pky
Fort Worth, TX 76244
Beach & Heritage Trace Hard Corner Strip · Retail Property For Sale
Property Facts
About 4500 HERITAGE TRACE PKY , FORT WORTH, TX 76244
Beach & Heritage Trace Hard Corner Strip is a 9,087 square foot retail asset shadow-anchored by Walmart Neighborhood Market in Fort Worth, Texas. Built in 2018, the Property is located at the signalized hard corner of Beach Street and Heritage Trace Parkway approximately 25 minutes west of DFW Airport, 20 minutes north of Downtown Fort Worth and 10 minutes south of Fort Worth Alliance Airport. Beach & Heritage Trace Hard Corner Strip is 100% leased to a complementary tenant mix including F45 Training, Resort Nails & Spa and Massage Life. F45 Training has more than 375 locations across the country either open for business or in the development phases. All three tenants signed new leases in 2018 with an average primary lease term of 9.33 years (and built in rent escalations). Rents average $29.52 per square foot NNN while nearby retail tenants are paying up to $38.00 per square foot NNN.
Property Taxes
| Parcel Number | 42013273 | Improvements Assessment | $2,572,896 |
| Land Assessment | $727,104 | Total Assessment | $3,300,000 |
Property Taxes
