Skip to main content

Shopping Strip

Hulen Corner

4833 S Hulen St, Fort Worth, TX 76132

Listing Price: $2,776,000

Cap Rate
7.18%
Gross SF
10,280
Rentable SF
10,280
Price/Gross SF
$270.04
Lot Size
1.68 acres
Year Built
2010

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a leasehold interest in Hulen Corner, a 10,280-square-foot, multi-tenant retail center located in Fort Worth, Texas. The center is currently 100 percent occupied, and all of the leases are triple-net. The tenant base is comprised of internet-resistant and service-oriented tenants, including Five Guys, Jersey Mike's Subs, Pacific Dental, and Kyoto Sushi Hibachi. Originally constructed in 2010, the building is situated on a 1.68-acre parcel. A double-sided monument sign faces South Hulen Street, providing additional exposure to the center. Hulen Corner is located on South Hulen Street, near the intersection of South Hulen Street and Overton Ridge Boulevard, just south of Interstate 20. Traffic counts in front of the property exceed 31,896 vehicles per day. Hulen Corner is directly across the street from Hulen Mall, a diverse-scale shopping mall in southwest Fort Worth. Hulen Mall features more than 127 specialty shops and stores and is anchored by Macy's and Dillard's. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including Hobby Lobby, Michael's, Chair King, Bed Bath & Beyond, Old Navy, Barnes & Noble, Total Wine & More, Guitar Center, Floor & Décor, Half Price Books, Walmart, Dollar Tree, Game Stop, Haverty's Furniture, Aldi, Costco, Target, Sam's Club, Lowe's Home Improvement, Best Buy, Kohl's, The Home Depot, Burlington, HomeGoods, Dick's Sporting Goods, TJ Maxx, Sprouts Farmers Market, and many more. The property is well positioned to serve a dense residential area with a population exceeding 292,941 residents within a five-mile radius, and an average household income within a one-mile radius of $83,056; $91,529 within a three-mile radius; and $88,155 within a five-mile radius.

Investment Highlights

  • 10,280-Square-Foot, Multi-Tenant Retail Center Located in a Prime Retail Trade Area of Fort Worth
  • Leasehold Interest | 12 Years Remaining on the Primary Term with Four, Five-Year Options for Renewal Available | Ground Lease has Scheduled Rent Increases Every Five Years
  • 100% Occupied | All Leases are Triple-Net | Complementary Mix of Internet-Resistant, Service-Oriented Businesses
  • Directly Across from the Hulen Mall | 127+ Specialty Shops and Anchored by Macy's and Dillard's
  • Well Positioned to Serve a Densely Populated Area of Fort Worth | Approximately 292,941 Residents within Five Miles | One-Mile Average Household Income is $83,056

Exclusively Listed By

Shopping Strip

Hulen Corner

Listing Price: $2,776,000

Cap Rate
7.18%
Gross SF
10,280
Rentable SF
10,280
Price/Gross SF
$270.04
Lot Size
1.68 acres
Year Built
2010

Investment Highlights

  • 10,280-Square-Foot, Multi-Tenant Retail Center Located in a Prime Retail Trade Area of Fort Worth
  • Leasehold Interest | 12 Years Remaining on the Primary Term with Four, Five-Year Options for Renewal Available | Ground Lease has Scheduled Rent Increases Every Five Years
  • 100% Occupied | All Leases are Triple-Net | Complementary Mix of Internet-Resistant, Service-Oriented Businesses
  • Directly Across from the Hulen Mall | 127+ Specialty Shops and Anchored by Macy's and Dillard's
  • Well Positioned to Serve a Densely Populated Area of Fort Worth | Approximately 292,941 Residents within Five Miles | One-Mile Average Household Income is $83,056

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a leasehold interest in Hulen Corner, a 10,280-square-foot, multi-tenant retail center located in Fort Worth, Texas. The center is currently 100 percent occupied, and all of the leases are triple-net. The tenant base is comprised of internet-resistant and service-oriented tenants, including Five Guys, Jersey Mike's Subs, Pacific Dental, and Kyoto Sushi Hibachi. Originally constructed in 2010, the building is situated on a 1.68-acre parcel. A double-sided monument sign faces South Hulen Street, providing additional exposure to the center. Hulen Corner is located on South Hulen Street, near the intersection of South Hulen Street and Overton Ridge Boulevard, just south of Interstate 20. Traffic counts in front of the property exceed 31,896 vehicles per day. Hulen Corner is directly across the street from Hulen Mall, a diverse-scale shopping mall in southwest Fort Worth. Hulen Mall features more than 127 specialty shops and stores and is anchored by Macy's and Dillard's. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including Hobby Lobby, Michael's, Chair King, Bed Bath & Beyond, Old Navy, Barnes & Noble, Total Wine & More, Guitar Center, Floor & Décor, Half Price Books, Walmart, Dollar Tree, Game Stop, Haverty's Furniture, Aldi, Costco, Target, Sam's Club, Lowe's Home Improvement, Best Buy, Kohl's, The Home Depot, Burlington, HomeGoods, Dick's Sporting Goods, TJ Maxx, Sprouts Farmers Market, and many more. The property is well positioned to serve a dense residential area with a population exceeding 292,941 residents within a five-mile radius, and an average household income within a one-mile radius of $83,056; $91,529 within a three-mile radius; and $88,155 within a five-mile radius.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower