Investment Overview

Marcus & Millichap is pleased to present 705 Airport Fwy, an 8,190-square-foot retail property situated on 1.56 AC, located at 705 Airport Freeway in Hurst, Texas. The property was recently renovated in 2019 and will be offered vacant, opening up an excellent opportunity for any owner users, investors, or developers. This urban infill investment opportunity is located in a bustling retail corridor featuring many major national retailers and additional traffic drivers. The subject property is situated just off TX-121, allowing for easy access to major thoroughfares and close proximity to Super Target and the North East Mall. The city of Hurst, Texas is located approximately 13 miles from the Dallas/Fort Worth International Airport. The city is part of the Mid-Cities region, a suburban region that fills the 30-mile span between Dallas and Fort Worth. Hurst is home to Tarrant County College as well as the city's premier shopping center, North East Mall, which was ranked the top shopping mall in Tarrant County and is the third largest mall in the state of Texas. Factors such as the relatively low cost of living, recent corporate relocations from coastal markets, and the opportunity for development have driven more new residents to the Dallas-Fort Worth markets than ever before. In addition, the centralized location of the Metroplex, including the close proximity to major airports, access to major thoroughfares, and over 90 miles of a light rail system provides residents ease of access to multiple commuting options. Overall, 705 Airport Freeway provides an investor/owner the opportunity to acquire a well located property with immediate value-add potential, proximate to many of the main traffic generators in North Fort Worth. This proximity to Tarrant County College, Super Target and the North East Mall provides high traffic volume and density to the immediate area and property. The subject property is currently zoned GB - General Business, which permits an extensive variety of commercial uses including retail trade, personal and business service establishments, offices, and commercial recreation uses of limited scope, allowing for redevelopment in the future.