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709 N FM 1187
Aledo, TX 76008
Aledo Retail Center · Retail Property For Sale
Investment Highlights
- 100% Leased Retail Asset Priced at $3,409,000 in the High Growth DFW Submarket of Aledo, TX
- Priced Below Replacement Cost at $274.30 PSF to the Building
- Compelling Demographics with Average Household Income Exceeding $156,400 & Population Growth of Over 176% in a 3 Mile Radius
- Adjacent to the Newly Announced, 1,825 Acre Dean Ranch Mixed-Use, Master Planned Development Straddling Aledo & Fort Worth Dubbed as the “Gateway to t
- Average Shop Space Rents of Only $16.90 PSF NNN Providing Long Term Upside in Rent Growth
- Average Suite Size of 1,775 SF Exhibiting Strong Residual Value
Property Facts
Property Type
Retail
Building Size
13,000 SF
Building Class
B
Year Built
2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.92 AC
Zoning
C - Commercial
Parking
47 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
127’ on Farm to Market 1187
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | R000097346 | Improvements Assessment | $2,024,600 |
| Land Assessment | $325,400 | Total Assessment | $2,350,000 |
Property Taxes
Parcel Number
R000097346
Land Assessment
$325,400
Improvements Assessment
$2,024,600
Total Assessment
$2,350,000
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