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Shopping Strip

Victory Shops at Heritage Trace I

2701 Heritage Trace Pkwy, Fort Worth, TX 76177

Listing Price: $7,036,000

Cap Rate
5.50%
Gross SF
11,901
Rentable SF
11,901
Price/Gross SF
$591.21
Lot Size
1.59 acres
Year Built
2019

Investment Overview

Victory Shops at Heritage Trace I is an 11,901-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. The center is 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of internet-resistant, service-oriented businesses including Marble Slab Creamery/Great American Cookies, Aria Nail Bar, HOTWORX, Trinity Oaks Family Dental & Orthodontics, and Native Coffee & Kitchen. The building is new 2019 construction with an attractive façade and is situated on a 1.596-acre lot.

Investment Highlights

  • 11,901-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | All Leases are Triple-Net
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses | Mix of Credit and Local Tenants
  • New (2019) Construction Situated on 1.596 Acres with Ample Parking on a Concrete Lot
  • Strategically Located in the High-Growth Alliance Trade Area on Heritage Trace Parkway, One Lot West of Interstate 35 West | Traffic Counts Directly in Front of the Property on Heritage Trace Parkway are Approximately 17,700 Vehicles Per Day | Interstate 35 West has Extremely High Traffic Counts of 114,400 Vehicles Per Day

Exclusively Listed By

Financing By

Shopping Strip

Victory Shops at Heritage Trace I

Listing Price: $7,036,000

Cap Rate
5.50%
Gross SF
11,901
Rentable SF
11,901
Price/Gross SF
$591.21
Lot Size
1.59 acres
Year Built
2019

Investment Highlights

  • 11,901-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | All Leases are Triple-Net
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses | Mix of Credit and Local Tenants
  • New (2019) Construction Situated on 1.596 Acres with Ample Parking on a Concrete Lot
  • Strategically Located in the High-Growth Alliance Trade Area on Heritage Trace Parkway, One Lot West of Interstate 35 West | Traffic Counts Directly in Front of the Property on Heritage Trace Parkway are Approximately 17,700 Vehicles Per Day | Interstate 35 West has Extremely High Traffic Counts of 114,400 Vehicles Per Day

Investment Overview

Victory Shops at Heritage Trace I is an 11,901-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. The center is 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of internet-resistant, service-oriented businesses including Marble Slab Creamery/Great American Cookies, Aria Nail Bar, HOTWORX, Trinity Oaks Family Dental & Orthodontics, and Native Coffee & Kitchen. The building is new 2019 construction with an attractive façade and is situated on a 1.596-acre lot.

Exclusively Listed By

Financing By

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