Vacant-User

1622 Park Place

1622 Park Pl Ave, Fort Worth, TX 76104

Listing Price: Request For Offer

Gross SF
4,020
Rentable SF
4,020
Lot Size
0.34 acres
Year Built
1949

Investment Overview

Marcus & Millichap is pleased to present 1622 Park Place, a 4,020-square foot retail asset situated on 0.34 acres and located at 1622 Park Place Ave in Fort Worth, Texas. This urban infill redevelopment opportunity is located proximate to the Medical District and rapidly transforming Near Southside submarket of Fort Worth. The subject property is just 1.8 miles away from Texas Christian University and 2.6 miles away from Downtown Fort Worth. Several new construction projects are underway in the surrounding area including a new Mix-Use Office/Retail center down W Magnolia Ave and new Senior Housing across the street down 8th Ave. These new developments will bring numerous multi-family housing units and supporting office and retail assets into the immediate submarket. The subject property is currently operated as an owner/user restaurant and has FF&E available for a new restaurant concept.

The city of Fort Worth is the 13th largest city in the country, with a population of just under 1 million. Factors such as the relatively low cost of living, recent corporate relocations, and ... have driven more new residents to the Dallas-Fort Worth markets than ever before.

Overall, 1622 Park Place provides a new investor or owner/user the opportunity to acquire an extremely well-located urban infill asset, proximate to many of the main traffic generators in core Fort Worth. This close proximity to the Medical District and emerging Near Southside is beneficial to retail uses, seeing many employees from the hospitals and offices venture over to this area in search of weekly dining options. 1622 Park Place is currently zoned F1, which allows for ... In addition, the subject property features outdoor patio seating and event space in the rear of the building, accompanied by 23 parking spaces.

Investment Highlights

  • Second Generation Restaurant Asset | Prime Urban Infill Location
  • Restaurant/Bar FF&E Available
  • Located Proximate to Medical District & Near Southside
  • 1.8 Miles to Texas Christian University
  • 4,020-Square Foot Building | Situated on 0.34 AC
  • On-Site Parking Lot | 23 of Parking Spaces Included

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Gross SF
4,020
Rentable SF
4,020
Lot Size
0.34 acres
Year Built
1949

Investment Highlights

  • Second Generation Restaurant Asset | Prime Urban Infill Location
  • Restaurant/Bar FF&E Available
  • Located Proximate to Medical District & Near Southside
  • 1.8 Miles to Texas Christian University
  • 4,020-Square Foot Building | Situated on 0.34 AC
  • On-Site Parking Lot | 23 of Parking Spaces Included

Investment Overview

Marcus & Millichap is pleased to present 1622 Park Place, a 4,020-square foot retail asset situated on 0.34 acres and located at 1622 Park Place Ave in Fort Worth, Texas. This urban infill redevelopment opportunity is located proximate to the Medical District and rapidly transforming Near Southside submarket of Fort Worth. The subject property is just 1.8 miles away from Texas Christian University and 2.6 miles away from Downtown Fort Worth. Several new construction projects are underway in the surrounding area including a new Mix-Use Office/Retail center down W Magnolia Ave and new Senior Housing across the street down 8th Ave. These new developments will bring numerous multi-family housing units and supporting office and retail assets into the immediate submarket. The subject property is currently operated as an owner/user restaurant and has FF&E available for a new restaurant concept.

The city of Fort Worth is the 13th largest city in the country, with a population of just under 1 million. Factors such as the relatively low cost of living, recent corporate relocations, and ... have driven more new residents to the Dallas-Fort Worth markets than ever before.

Overall, 1622 Park Place provides a new investor or owner/user the opportunity to acquire an extremely well-located urban infill asset, proximate to many of the main traffic generators in core Fort Worth. This close proximity to the Medical District and emerging Near Southside is beneficial to retail uses, seeing many employees from the hospitals and offices venture over to this area in search of weekly dining options. 1622 Park Place is currently zoned F1, which allows for ... In addition, the subject property features outdoor patio seating and event space in the rear of the building, accompanied by 23 parking spaces.

Exclusively Listed By

Financing By

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