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.