Shopping Strip

Rosedale Plaza

3701 E Rosedale St, Fort Worth, TX 76105

Listing Price: $3,100,000

Cap Rate
7.70%
Gross SF
21,602
Rentable SF
21,602
Price/Gross SF
$143.51
Lot Size
2.18 acres
Year Built
1946

Investment Overview

Rosedale Plaza is a 21,602-square foot, multi-tenant retail center anchored by Family Dollar and strategically located to serve a densely populated area in Fort Worth, Texas. The center is currently 94 percent occupied with a tenant base consisting of Family Dollar, DFW Laundry, Cricket Wireless, Dr. Salmon (Dentist), La Familia Auto Insurance, and a convenience store. The majority of the leases are triple-net (88 percent of the gross leasable area), providing an investor upside potential in leasing the vacant space and converting gross leases. The property consists of two single-tenant buildings and one multi-tenant building, situated on 2.18 acres with paved parking.

Investment Highlights

  • 21,602-Square Foot, Multi-Tenant Retail Center | Consists of One Multi-Tenant Building and Two Single-Tenant Buildings
  • 94% Occupied | 88% of the Gross Leasable Area has Triple-Net Leases
  • Potential Upside in Leasing the Vacant Space and Converting Gross Leases

Exclusively Listed By

Listing Price: $3,100,000

Cap Rate
7.70%
Gross SF
21,602
Rentable SF
21,602
Price/Gross SF
$143.51
Lot Size
2.18 acres
Year Built
1946

Investment Highlights

  • 21,602-Square Foot, Multi-Tenant Retail Center | Consists of One Multi-Tenant Building and Two Single-Tenant Buildings
  • 94% Occupied | 88% of the Gross Leasable Area has Triple-Net Leases
  • Potential Upside in Leasing the Vacant Space and Converting Gross Leases

Investment Overview

Rosedale Plaza is a 21,602-square foot, multi-tenant retail center anchored by Family Dollar and strategically located to serve a densely populated area in Fort Worth, Texas. The center is currently 94 percent occupied with a tenant base consisting of Family Dollar, DFW Laundry, Cricket Wireless, Dr. Salmon (Dentist), La Familia Auto Insurance, and a convenience store. The majority of the leases are triple-net (88 percent of the gross leasable area), providing an investor upside potential in leasing the vacant space and converting gross leases. The property consists of two single-tenant buildings and one multi-tenant building, situated on 2.18 acres with paved parking.

Exclusively Listed By

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