Investment Overview

Marcus & Millichap is pleased to present Wedgewood Square Shopping Center, a 54,200-square-foot neighborhood retail center situated on 4.65 acres in southwest Fort Worth, Texas. Offered at an attractive basis of approximately $66 per square foot, the property presents a rare opportunity to acquire an established retail asset with substantial embedded value through lease-up of existing vacancy, mark-to-market rent growth, and the repositioning of underutilized space within an improving retail corridor. Positioned along Altamesa Boulevard near the signalized intersection of McCart Avenue, the property benefits from strong visibility, more than 66,000 vehicles per day along surrounding thoroughfares, dense surrounding residential development, and nearby H-E-B-owned land expected to support continued commercial investment. As occupancy improves and rental rates converge toward market levels, investors have a compelling opportunity to significantly increase cash flow while maintaining an exceptionally low basis relative to replacement cost.