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Shopping Strip

Harmon Village

9701 Harmon Rd, Fort Worth, TX 76177

Listing Price: $7,880,000

Cap Rate
6.25%
Gross SF
17,708
Rentable SF
17,708
Price/Gross SF
$445.00
Lot Size
3.42 acres
Year Built
2018

Investment Overview

Harmon Village is a fully occupied, 17,708-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. Anchored by WellMed, a leading healthcare provider, the tenant base is a complementary mix of service-oriented businesses including Bella Smiles Dental and Donut King. All leases are triple-net, and all leases include options for renewal. The building was constructed in 2018 with modern elements and sits on approximately 3.42 acres with a concrete parking lot.

Harmon Village is located on Harmon Road near the roundabout intersection with Heritage Trace Parkway with close proximity to Interstate 35 West, which is a major north/south thoroughfare in the city carrying more than 104,141 vehicles per day. The center is in close proximity to numerous national and regional retailers, including Target, At Home, Ross Dress for Less, Costco, ALDI, Petco, Dollar Tree, HomeGoods, WinCo Foods, Marble Slab Creamery, Outback Steakhouse, Chuy’s, Smoothie King, Chick-fil-A, Best Buy, ULTA Beauty, and many more. The subject property is also less than a mile from The Citadel, a master planned development currently under construction, situated on 89 acres that upon completion will feature office space, apartment homes, outdoor pursuits, and diverse hospitality, retail and dining opportunities. The property further benefits from its proximity to AllianceTexas, a 27,000-acre master-planned development that serves as a major regional employment hub, driving significant daytime population and sustained consumer demand.

Investment Highlights

  • FULLY STABILIZED, THREE-TENANT RETAIL CENTER
  • MEDICAL-ORIENTED TENANT BASE (93% OF GLA), ANCHORED BY WELLMED CLINIC
  • BELOW-MARKET RENTS
  • STRATEGIC LOCATION NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE

Exclusively Listed By

Financing By

Shopping Strip

Harmon Village

Listing Price: $7,880,000

Cap Rate
6.25%
Gross SF
17,708
Rentable SF
17,708
Price/Gross SF
$445.00
Lot Size
3.42 acres
Year Built
2018

Investment Highlights

  • FULLY STABILIZED, THREE-TENANT RETAIL CENTER
  • MEDICAL-ORIENTED TENANT BASE (93% OF GLA), ANCHORED BY WELLMED CLINIC
  • BELOW-MARKET RENTS
  • STRATEGIC LOCATION NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE

Investment Overview

Harmon Village is a fully occupied, 17,708-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. Anchored by WellMed, a leading healthcare provider, the tenant base is a complementary mix of service-oriented businesses including Bella Smiles Dental and Donut King. All leases are triple-net, and all leases include options for renewal. The building was constructed in 2018 with modern elements and sits on approximately 3.42 acres with a concrete parking lot. Harmon Village is located on Harmon Road near the roundabout intersection with Heritage Trace Parkway with close proximity to Interstate 35 West, which is a major north/south thoroughfare in the city carrying more than 104,141 vehicles per day. The center is in close proximity to numerous national and regional retailers, including Target, At Home, Ross Dress for Less, Costco, ALDI, Petco, Dollar Tree, HomeGoods, WinCo Foods, Marble Slab Creamery, Outback Steakhouse, Chuy’s, Smoothie King, Chick-fil-A, Best Buy, ULTA Beauty, and many more. The subject property is also less than a mile from The Citadel, a master planned development currently under construction, situated on 89 acres that upon completion will feature office space, apartment homes, outdoor pursuits, and diverse hospitality, retail and dining opportunities. The property further benefits from its proximity to AllianceTexas, a 27,000-acre master-planned development that serves as a major regional employment hub, driving significant daytime population and sustained consumer demand.

Exclusively Listed By

Financing By

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