Investment Overview

Marcus & Millichap is pleased to present 1200 West Freeway, a 14,046-SF asset situated on 0.38 acres located at 1200 West Fwy in Fort Worth, Texas. This urban infill redevelopment opportunity is located between the rapidly transforming markets of Downtown Fort Worth and the Near Southside submarkets, both of which have seen immense development lately. 1200 West Freeway is a three-story of?ce property that is currently 56.80% occupied. The current tenant lineup features Zepeda Law and SEL Supply Chain Solutions, two local businesses that have bene?tted from the premier location of the property and convenient access to I-30, I-35, and Chisholm Trail. The top ?oor of the property is available to be built out for a new tenant or owner/user. The current occupancy coupled with the ?exibility to bring in a new tenant provides a new purchaser stability while working to fill up the rest of the building. Additionally, 1200 West Freeway features "H" - Central Business zoning, allowing for many alternative uses with no height restriction. The subject property boasts an advantageous location with several new developments underway proximate to the property, with the most notable development being the Fort Worth Public Market restoration from Wilks Development. The city of Fort Worth, Texas is ranked the 13th largest and the fastest-growing city in the United States, according to the U.S. Census Bureau. The city added more than 194,000 residents between 2010 and 2021, equating to 25% growth. Fort Worth is projected to be home to approximately 1,000,000 residents by 2028. The city features a current total employment of over 1,400,000 individuals with a projected employment of over 2,100,000 by 2045. The median family income for the city exceeds $80,000. The city is also home to several large-scale corporations, including the American Airlines Group (40,600 employees), Lockheed Martin (22,950 employees), and many more. (fortworthtexas.gov). Overall, the investment opportunity at 1200 West Fwy allows a new investor, owner/user, and developer the unique opportunity to acquire an extremely well-located urban infill asset located within the growth path of two of the hottest urban submarkets in Fort Worth, Texas. With highly visible signage, as well as convenient access to major thoroughfares and downtown Fort Worth, a new operator will have the opportunity to be well-positioned for thriving business ventures throughout the years to come.