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4551 James Ave
Fort Worth, TX 76115
Fully Leased Retail | NNN Investment · Retail Property For Sale

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Investment Highlights

  • Discover this lucrative acquisition opportunity at 4551 James Avenue, a dual-tenant retail asset located in the heart of South Fort Worth, Texas.
  • 4551 James Avenue presents a new owner with the ultimate, passive income investment yielding a stable net operating income with drive thru potential.
  • Property is conveniently positioned in a primarily residential suburb anchored by dense retail development along the nearby freeways.
  • Ideally situated within 2 miles of Interstates 20 and 35W, this location has 3+ easy accesses for immediate and surrounding communities.
  • Fully leased to two internet-resistant tenants, a buyer will benefit from secure, NNN leases with minimal landlord responsibilities.
  • Nationally acclaimed tenants, including Starbucks, McDonald’s, Panera Bread, Macy’s, Costco, and Target are all within a 10-minute drive.

Executive Summary

4551 James Avenue offers a new owner the exclusive opportunity to acquire a fully leased, hands-off investment in Fort Worth’s thriving commercial market. Positioned along a secondary thoroughfare, the +/-0.287-acre corner parcel features top to bottom renovations inside and outside, a brand-new surfaced parking lot and new synthetic turf landscaping that affords minimal exterior maintenance. Tenants benefit from highly visible building signage and extensive road frontage along James Avenue. This NNN investment opportunity is an impeccable addition to a new or existing investment portfolio, offering passive income with minimal landlord responsibilities. A new owner will benefit by implementing a long-term hold strategy that will allow them to further stabilize the asset through future lease renewals.

Situated in one of the country's most resilient retail markets, 4551 James Avenue is primed for continuing stability and success. The Dallas-Fort Worth Market has seen consistent demand throughout the year, resulting in a record-low vacancy rate. Since 2021, tenants have filled a cumulative 44.7 million square feet while vacating just 31.8 million square feet. Businesses continue to show interest in opening new locations or expanding their presence in the metroplex, creating greater competition for well-located space in urban and suburban areas. The lack of available space serves as a governor of leasing volume in the market. Looking forward, the combination of minimal supply, record low availabilities, and long-run structural advantages, including demographic growth, better insulates Dallas-Fort Worth if there is a pullback in consumption.

Together with Dallas, Fort Worth is part of one of the country’s largest and fastest-growing metropolitan areas. Known as the city of cowboys and culture, Fort Worth combines urban sophistication with an incomparable Texan personality. The city offers a unique blend of character, style, and flavor, with nearly 1 million people calling Fort Worth home. South Fort Worth highlights a compelling demographic profile within a 5-mile radius of 4551 James Avenue. Over 316,000 residents earn an average household income of $81,000, and consumers in the area spend more than $3.3 billion annually, with approximately $1.6 billion spent specifically on retail-related goods and services. Dallas-Fort Worth is a nationwide leader in economic and demographic growth. A new owner investing in the market will benefit from the metroplex’s healthy job market, strong business incentives, competitive tax advantages, and a high quality of life.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Property Facts

Sale Type
Investment NNN
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
1962/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.29 AC
Parcel Number
01367773
Zoning
E - E zoning allows for a broad range of uses.
Parking
15 Spaces (4.63 Spaces per 1,000 SF Leased)

Amenities

  • Signage

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auctioneer License: Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
TREC Information About Brokerage Services TREC Consumer Protection Notice Auction FAQ's
  • Listing ID: 30323264

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 4551 James Ave, Fort Worth, TX 76115

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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