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Heartland Dental 3-Tenant Retail 8625 Old Decatur Rd 11,316 SF 100% Leased 4-Star Retail Building Fort Worth, TX 76179 $7,825,000 ($691.50/SF) 6.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 11,316 SF 2025 Construction Three-Tenant Retail Asset Shadow Anchored by Sprouts in Fort Worth, TX
  • Average Household Income Exceeds $112,979 & $124,807 in a 1- & 3-Mile Radius, Respectively
  • U.S. 287/Saginaw Boulevard Comprises Over 844,000 SF of Retail, Entertainment & Restaurant GLA within 5 Minutes
  • Dense Retail Intersection Anchored by Walmart, Kroger & Sprouts (Shadowed)
  • Total Population within a 3-Mile Radius Increased by 345% from 2000 to 2024

EXECUTIVE SUMMARY

Heartland Dental 3-Tenant Retail is a 11,316 square foot new-construction retail asset built with structural steel and partial masonry, situated on 1.421 acres, located in the high growth affluent northern submarket of Fort Worth, Texas (DFW). The Property is approximately 20 minutes from Dallas Fort Worth International Airport and 35 minutes from downtown Dallas. Heartland Dental 3-Tenant Retail is 100% leased to a complementary mix of restaurant, service, and health tenants including Keke’s Breakfast Café (a subsidiary of Denny’s), Victory Nail Lounge, and Boswell Dental Care (Heartland Dental Corporate) with an average base lease term expiration of December, 2025. Rents average $42.64, which are at or above market for comparable retail space, creating heightened cashflow. The total population increased by over 345% in a three-mile radius from 2000 to 2024. Notable retailers within a 1-mile radius include a new construction Sprouts Farmers Market, Walmart Supercenter, Kroger Marketplace, and Albertsons among others. Positioned at the convergence point of Bryson Elementary and Wayside Middle School and future expansion, and within the same campus as a new construction Sprouts Farmers Market, the Property benefits from daily traffic with two ingress/ egress points along Old Decatur Road and ample parking (81 parking spaces).

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,316 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$7,825,000
Price Per SF
$691.50
Cap Rate
6.15%
NOI
$481,273
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.42 AC
Zoning
F1 - Commercial

NEARBY MAJOR RETAILERS

Dutch Bros
keke's breakfast cafe
MOD Pizza
IHOP
Five Guys
LA Fitness
Starbucks
Kroger
PNC Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42807997
Land Assessment
$858,400
Improvements Assessment
$2,621,950
Total Assessment
$3,480,350
  • Listing ID: 36431591

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 8625 Old Decatur Rd, Fort Worth, TX 76179

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