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Shopping Strip

Victory Shops at Heritage Trace V

9824 Chloe Crk, Fort Worth, TX 76177

Listing Price: $8,862,000

Cap Rate
6.00%
Gross SF
12,646
Rentable SF
12,646
Price/Gross SF
$700.77
Lot Size
1.52 acres
Year Built
2023

Investment Overview

Victory Shops at Heritage Trace V is a newly constructed 12,646-square-foot, multi-tenant retail center situated on a 1.52-acre parcel in the high-growth Alliance Trade Area of Fort Worth, Texas. Constructed in 2023, the physical structure is demised into five distinct retail suites leased to a diverse mix of internet-resistant tenants including Keke's Breakfast Cafe, Zelene Head Spa, Hydrate IV Bar, and Gyro 360 Mediterranean restaurant. All leases are on triple-net terms and include annual rent increases. The end cap suite leased to Keke's has an enclosed patio area for outdoor dining.

The property is strategically located at the northwest corner of Interstate 35 West (I-35W) and Heritage Trace Parkway in Fort Worth, a rapidly expanding node within the Dallas-Fort Worth metroplex. The center boasts exceptional accessibility and visibility at an interchange that handles over 104,000 vehicles per day. The property benefits from its position directly across Heritage Trace Parkway from The Citadel, a 600,000-square-foot master-planned mixed-use development currently under construction that will serve as a primary economic and lifestyle hub.

Investment Highlights

  • 100% LEASED, NEW CONSTRUCTION WITH NNN LEASES
  • INTERNET-RESISTANT TENANT BASE WITH BUILT-IN RENT GROWTH
  • STRATEGIC I-35W LOCATION | 104,141+ VPD
  • ADJACENT TO 600K-SF CITADEL DEVELOPMENT
  • NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE

Exclusively Listed By

Financing By

Shopping Strip

Victory Shops at Heritage Trace V

Listing Price: $8,862,000

Cap Rate
6.00%
Gross SF
12,646
Rentable SF
12,646
Price/Gross SF
$700.77
Lot Size
1.52 acres
Year Built
2023

Investment Highlights

  • 100% LEASED, NEW CONSTRUCTION WITH NNN LEASES
  • INTERNET-RESISTANT TENANT BASE WITH BUILT-IN RENT GROWTH
  • STRATEGIC I-35W LOCATION | 104,141+ VPD
  • ADJACENT TO 600K-SF CITADEL DEVELOPMENT
  • NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE

Investment Overview

Victory Shops at Heritage Trace V is a newly constructed 12,646-square-foot, multi-tenant retail center situated on a 1.52-acre parcel in the high-growth Alliance Trade Area of Fort Worth, Texas. Constructed in 2023, the physical structure is demised into five distinct retail suites leased to a diverse mix of internet-resistant tenants including Keke's Breakfast Cafe, Zelene Head Spa, Hydrate IV Bar, and Gyro 360 Mediterranean restaurant. All leases are on triple-net terms and include annual rent increases. The end cap suite leased to Keke's has an enclosed patio area for outdoor dining. The property is strategically located at the northwest corner of Interstate 35 West (I-35W) and Heritage Trace Parkway in Fort Worth, a rapidly expanding node within the Dallas-Fort Worth metroplex. The center boasts exceptional accessibility and visibility at an interchange that handles over 104,000 vehicles per day. The property benefits from its position directly across Heritage Trace Parkway from The Citadel, a 600,000-square-foot master-planned mixed-use development currently under construction that will serve as a primary economic and lifestyle hub.

Exclusively Listed By

Financing By

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