Investment Overview

Fossil Creek at Alta Mesa is a 100 percent leased, 11,228-square-foot, multi-tenant retail center located in a high-growth area of Fort Worth, Texas. Tenants are a complementary mix of internet-resistant, service-oriented retailers including Meza Pizza, RevFit, Creek Liquor Wine & Cigar, Resort Nail Bar, and Stretch Zone. The Meza Pizza end cap suite features a drive-through window. All leases are triple-net, and include scheduled rent escalations during the primary term, as well as options for renewal with rent increases. Constructed in 2023, the building features an attractive architectural design with metal awnings, situated on a 1.35-acre lot with concrete parking. The end cap suite leased to Meza Pizza has a drive-thru window. The subject property is located in the Tavolo Park development on Altamesa Boulevard, near the intersection with Bryant Irvin Road with close access to Chisholm Trail Parkway, a major thoroughfare for Tarrant and Johnson counties. Traffic counts in front of the property on Altamesa Boulevard are approximately 14,054 vehicles per day. Tavolo Park is a 468-acre, mixed-use development with plans for 1,000 single family lots, 387 multi-family units, a 100,000-square-foot medical office, age targeted single and multi-family neighborhoods, retail, office, hotel, and community amenities including a lake, walking trails, parks, swimming pool, and more.