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Shopping Strip

Victory Shops at Basswood III

7032 N Blue Mound Rd, Fort Worth, TX 76131

Listing Price: $8,406,900

Cap Rate
6.15%
Gross SF
15,849
Rentable SF
15,849
Price/Gross SF
$530.44
Lot Size
2.13 acres
Year Built
2022

Investment Overview

Victory Shops at Basswood III is a 15,849-square-foot, multi-tenant retail center situated on a 2.13-acre parcel in the rapidly growing Saginaw submarket of Fort Worth, Texas. Completed in 2022, the property features seven suites with modern architectural design, anchored by Safe Splash Swim School which occupies over 30 percent of the gross leasable area. The asset offers distinct physical advantages, including drive-through windows on both end-cap suites to accommodate high-throughput tenants like Jeremiah’s Italian Ice and Jamba Juice/Auntie Anne's. Positioned within the larger 26-acre Victory Shops at Basswood development, the site benefits from fee simple ownership and contemporary construction standards.

The subject property is strategically located near the signalized intersection of North Blue Mound Road (FM 156) and Basswood Boulevard, serving as a strong commercial hub for North Fort Worth. The center benefits from exceptional visibility and access, with combined daily traffic counts exceeding 48,000 vehicles. The property is situated directly across from major demand generators, including Saginaw High School with approximately 2,200 students, a Kroger Marketplace-anchored shopping center, and numerous national quick-service retailers, generating consistent daily needs traffic. Additionally, the site is less than two miles from the BNSF Railway Corporate Office, a major employment hub housing over 4,500 corporate professionals.

Investment Highlights

  • 100% OCCUPIED NEIGHBORHOOD RETAIL CENTER WITH BELOW MARKET RENTS
  • NEW (2022) CONSTRUCTION WITH DUAL DRIVE-THROUGHS
  • STRATEGIC HIGH-TRAFFIC FORT WORTH LOCATION
  • AFFLUENT & HIGH-GROWTH DEMOGRAPHICS

Exclusively Listed By

Financing By

Shopping Strip

Victory Shops at Basswood III

Listing Price: $8,406,900

Cap Rate
6.15%
Gross SF
15,849
Rentable SF
15,849
Price/Gross SF
$530.44
Lot Size
2.13 acres
Year Built
2022

Investment Highlights

  • 100% OCCUPIED NEIGHBORHOOD RETAIL CENTER WITH BELOW MARKET RENTS
  • NEW (2022) CONSTRUCTION WITH DUAL DRIVE-THROUGHS
  • STRATEGIC HIGH-TRAFFIC FORT WORTH LOCATION
  • AFFLUENT & HIGH-GROWTH DEMOGRAPHICS

Investment Overview

Victory Shops at Basswood III is a 15,849-square-foot, multi-tenant retail center situated on a 2.13-acre parcel in the rapidly growing Saginaw submarket of Fort Worth, Texas. Completed in 2022, the property features seven suites with modern architectural design, anchored by Safe Splash Swim School which occupies over 30 percent of the gross leasable area. The asset offers distinct physical advantages, including drive-through windows on both end-cap suites to accommodate high-throughput tenants like Jeremiah’s Italian Ice and Jamba Juice/Auntie Anne's. Positioned within the larger 26-acre Victory Shops at Basswood development, the site benefits from fee simple ownership and contemporary construction standards. The subject property is strategically located near the signalized intersection of North Blue Mound Road (FM 156) and Basswood Boulevard, serving as a strong commercial hub for North Fort Worth. The center benefits from exceptional visibility and access, with combined daily traffic counts exceeding 48,000 vehicles. The property is situated directly across from major demand generators, including Saginaw High School with approximately 2,200 students, a Kroger Marketplace-anchored shopping center, and numerous national quick-service retailers, generating consistent daily needs traffic. Additionally, the site is less than two miles from the BNSF Railway Corporate Office, a major employment hub housing over 4,500 corporate professionals.

Exclusively Listed By

Financing By

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