8653 N Beach St
Fort Worth, TX 76244
Walmart Shadow-Anchored Retail Center · Retail Property For Sale

Marcus & Millichap is pleased to offer the opportunity to acquire a 17,322-square foot Walmart shadow-anchored multi-tenant retail center in Fort Worth, Texas. The shopping center is 100 percent occupied, and all leases are triple-net. Tenants consist of Goodwill, Sushi Nomi, A1 Food Mart, GS Mobile, Just Cut It, Friendly Vaping, Little Caesar’s Pizza, Pro-Techs, Modern Nail Bar, Check ‘N Go, and Tang’s Bistro. Additional income is derived from a cell tower lease. More than half of the tenants have annual rent escalations during their primary terms. Constructed in 2006, the building is situated on 2.215 acres with paved parking. The subject property is located on North Beach Street just north of the signalized intersection of North Tarrant Parkway, with ingress and egress points from both roads. Traffic counts on North Beach Street are approximately 26,630 vehicles per day and 26,810 vehicles per day on North Tarrant Parkway. Walmart Supercenter is directly across North Beach Street. Neighboring national and regional retailers include Subway, The UPS Store, GameStop, Joe’s Pizza & Pasta, Chase Bank, Bank of America, Wells Fargo Bank, AutoZone, Dairy Queen, Chicken Express, Taco Villa, Sonic Drive-In, Pep Boys, CVS, Walgreens, Taco Bell, and others. The property is located in an affluent, dense residential area. The average household income within one mile is $97,000, and the five-mile population is approximately 247,000 residents. Nearby schools include Fossil Ridge High School, Heritage Elementary School, Chisholm Trail Intermediate School, Fossil Hill Middle School, North Riverside Elementary, and Eagle Ridge Elementary School. The property is located in far north Fort Worth, bordering the city of Keller. Keller is located in Northern Tarrant County in the heart of the Dallas-Fort Worth Metroplex with easy access to major business and activity centers. The city is approximately 15 miles northeast of downtown Fort Worth, 25 miles northwest of downtown Dallas, and nine miles west of Dallas-Fort Worth International Airport.