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6116 Lake Worth Blvd
Fort Worth, TX 76135
Retail Property For Sale
Investment Highlights
- Stable Cash Flow: All current leases include several years of remaining term with annual rent increases, ensuring predictable and growing income.
- Tenant Profile: The property boasts a diverse mix of five tenants, ensuring a steady income stream and reduced vacancy risks.
- Location and Accessibility: Situated within a vital economic corridor, the retail center capitalizes on its proximity to major Hwys 820 and 199.
- Recent Construction: The property’s recent completion in 2021 promises lower maintenance costs and appeals to tenants seeking modern facilities.
- Attractive Yield: The investment provides an appealing yield with upside potential, making it an excellent addition to any investment portfolio.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.73 AC
Zoning
C - Commercial
Parking
39 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
223’ on Lake Worth Boulevard
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 42407221 | Improvements Assessment | $2,745,192 |
| Land Assessment | $1,004,808 | Total Assessment | $3,750,000 |
Property Taxes
Parcel Number
42407221
Land Assessment
$1,004,808
Improvements Assessment
$2,745,192
Total Assessment
$3,750,000
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