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Shopping Strip

The Village at Willow Park

243 Willow Bend Dr, Willow Park, TX 76008

Listing Price: $4,575,000

Cap Rate
6.20%
Gross SF
11,308
Rentable SF
11,308
Price/Gross SF
$404.58
Lot Size
0.76 acres
Year Built
2021

Investment Overview

The Village at Willow Park is an 11,308-square-foot, newly constructed multi-tenant retail center located in a high growth area of Willow Park, a suburb of Fort Worth, Texas. The center is 100% occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, service-oriented businesses including The Studios Salon, Byrd Mill, Carve and Cask Butcher and Grocery, and The Fort Card Room. The leases provide a steady year-over-year income increase with annual rent escalations, and all leases have personal guarantees. Constructed in 2021, the building is situated on a 0.76-acre lot and features attractive architecture with metal awnings. Located one block south of highly trafficked Interstate 20, The Village at Willow Park is situated on Willow Bend Drive near the intersection with Willow Crossing Drive. The subject property is located near many national and regional retailers including Starbucks Coffee, Chicken Express, Brookshire's Grocery Store, McDonald's, Domino's Pizza, Dollar General, Whataburger, Taco Casa, Sonic, Pizza Hut, and others. Current development of the neighboring land parcels includes a newly constructed Parker County Ice House directly across from the subject property, and a new First Bank Texas banking center, training center, and headquarters for Firsts Baird Bancshares Corporation is near completion on the corner of Interstate 20 and Willow Bend Drive. The center is also located less than two miles from The Shops at Willow Park, an outdoor shopping location with more than 20 tenants. The Shops at Willow Park has walking trails connecting the entire development, providing a vibrant town square atmosphere. Walsh Ranch is less than five miles away, a large 7,200-acre development located at the intersection of Interstate 20 and Interstate 30 on the outskirts of Fort Worth. Walsh Ranch includes commercial development, residential neighborhoods, and mixed-use areas. The surrounding area is highly affluent, with an average household income of approximately $139,600 within a one-mile radius.

Investment Highlights

  • 11,308-Square-Foot, Multi-Tenant Retail Center Located in the Rapidly Growing Fort Worth Suburb of Willow Park
  • 100% Occupied | All Leases are Triple-Net
  • All Leases Include Annual Rent Increases and Options for Renewal | All Leases Have Personal Guarantees
  • Situated on Willow Bend Drive Near the Intersection with Willow Crossing | One Block South of Interstate 20, Connecting Weatherford to Fort Worth

Exclusively Listed By

Financing By

Shopping Strip

The Village at Willow Park

Listing Price: $4,575,000

Cap Rate
6.20%
Gross SF
11,308
Rentable SF
11,308
Price/Gross SF
$404.58
Lot Size
0.76 acres
Year Built
2021

Investment Highlights

  • 11,308-Square-Foot, Multi-Tenant Retail Center Located in the Rapidly Growing Fort Worth Suburb of Willow Park
  • 100% Occupied | All Leases are Triple-Net
  • All Leases Include Annual Rent Increases and Options for Renewal | All Leases Have Personal Guarantees
  • Situated on Willow Bend Drive Near the Intersection with Willow Crossing | One Block South of Interstate 20, Connecting Weatherford to Fort Worth

Investment Overview

The Village at Willow Park is an 11,308-square-foot, newly constructed multi-tenant retail center located in a high growth area of Willow Park, a suburb of Fort Worth, Texas. The center is 100% occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, service-oriented businesses including The Studios Salon, Byrd Mill, Carve and Cask Butcher and Grocery, and The Fort Card Room. The leases provide a steady year-over-year income increase with annual rent escalations, and all leases have personal guarantees. Constructed in 2021, the building is situated on a 0.76-acre lot and features attractive architecture with metal awnings. Located one block south of highly trafficked Interstate 20, The Village at Willow Park is situated on Willow Bend Drive near the intersection with Willow Crossing Drive. The subject property is located near many national and regional retailers including Starbucks Coffee, Chicken Express, Brookshire's Grocery Store, McDonald's, Domino's Pizza, Dollar General, Whataburger, Taco Casa, Sonic, Pizza Hut, and others. Current development of the neighboring land parcels includes a newly constructed Parker County Ice House directly across from the subject property, and a new First Bank Texas banking center, training center, and headquarters for Firsts Baird Bancshares Corporation is near completion on the corner of Interstate 20 and Willow Bend Drive. The center is also located less than two miles from The Shops at Willow Park, an outdoor shopping location with more than 20 tenants. The Shops at Willow Park has walking trails connecting the entire development, providing a vibrant town square atmosphere. Walsh Ranch is less than five miles away, a large 7,200-acre development located at the intersection of Interstate 20 and Interstate 30 on the outskirts of Fort Worth. Walsh Ranch includes commercial development, residential neighborhoods, and mixed-use areas. The surrounding area is highly affluent, with an average household income of approximately $139,600 within a one-mile radius.

Exclusively Listed By

Financing By

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