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Denton Highway Neighborhood Retail Center 4632 Denton Hwy 6,132 SF 57% Leased Retail Building Fort Worth, TX 76117 $995,000 ($162.26/SF) 7% Cap Rate



Executive Summary
4632 Denton Highway represents a stabilized, value-add commercial retail investment opportunity in the high-growth North Fort Worth submarket. The asset balances immediate cash flow with near-term lease-up potential. Two new Double Net (NN) leases were executed within the past 90 days at current market rates and with significant inbound activity on the remaining vacant spaces. Located just south of Loop 820, the Property is only minutes from North Fort Worth, North Richland Hills, Richland Hills, and Watauga. It offers excellent frontage on Denton Highway, a primary north-south thoroughfare connecting the Mid-Cities to the Alliance corridor.
The property features newly applied exterior paint and parking lot resurfacing and striping. In addition, three of the five rental units were remodeled within the past 18 months. The structural core systems are in good functional condition, minimizing near-term capital expenditure exposure for an incoming buyer.
The property features newly applied exterior paint and parking lot resurfacing and striping. In addition, three of the five rental units were remodeled within the past 18 months. The structural core systems are in good functional condition, minimizing near-term capital expenditure exposure for an incoming buyer.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,132 SF
Building Class
C
Year Built/Renovated
1972/2025
Price
$995,000
Price Per SF
$162.26
Cap Rate
7%
NOI
$69,650
Percent Leased
57%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.93 AC
Zoning
C-3 - Commercial District Retail
Parking
41 Spaces (6.69 Spaces per 1,000 SF Leased)
Frontage
30’ on Denton Highway
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| A | 1,650 SF | Retail | End Cap | Now |
| D | 1,003 SF | Office/Retail | - | Now |
A
| Size |
| 1,650 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
D
| Size |
| 1,003 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
A
| Size | 1,650 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
D
| Size | 1,003 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00720437 | Improvements Assessment | $240,250 |
| Land Assessment | $403,200 | Total Assessment | $643,450 |
Property Taxes
Parcel Number
00720437
Land Assessment
$403,200
Improvements Assessment
$240,250
Total Assessment
$643,450
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Denton Highway Neighborhood Retail Center | 4632 Denton Hwy
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