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Shopping Strip

Sycamore Point Shopping Center

1900 W Everman Pkwy, Fort Worth, TX 76134

Listing Price: $3,273,000

Cap Rate
6.00%
Gross SF
6,819
Rentable SF
6,819
Price/Gross SF
$479.98
Lot Size
1.10 acres
Year Built
2016

Investment Overview

Sycamore Point Shopping Center is a 6,819-square-foot, multi-tenant retail center located in a densely populated area in the southern portion of Fort Worth, Texas. The center is 100 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, medical tenants including iKids Pediatric Care, Care & Care Pharmacy, and Sycamore Dental. Additional income is derived from a Wells Fargo Bank ATM and an ice kiosk. The building is newer 2016 construction and is situated on a 1.117-acre parcel with ample concrete parking. The subject property is located at the signalized, hard corner of West Everman Parkway and Sycamore School Road. Cumulative traffic counts in front of the property exceed 53,300 vehicles per day. The subject property is adjacent to Family Dollar. Other national retailers in the area include WinCo Foods, Wendy's, RaceTrac, AutoZone, Taco Casa, Shipley's Donuts, Papa John's Pizza, The Home Depot, Sonic, Whataburger, Walmart, Taco Bell, Starbucks Coffee, Aldi, Walgreens, BBVA, Albertsons, Discount Tire, CVS Pharmacy, Goodwill, Kroger, and many more. Sycamore Point Shopping Center is in close proximity to many school campuses, providing additional traffic to the area. The surrounding area benefits from strong demographics, serving a population of more than 251,775 residents within a five-mile radius and an average household income of $78,839.

Investment Highlights

  • 6,819-Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Leases are Triple-Net
  • 100% of the Gross Leasable Area has Medical Tenants | Leases have Personal Guarantees
  • Building is Newer (2016) Construction | Situated on a 1.1-Acre Lot with Concrete Parking
  • Signalized, Hard Corner Location at the Intersection of West Everman Parkway and Sycamore School Road | Traffic Counts are Approximately 53,300 Vehicles per Day

Exclusively Listed By

Financing By

Shopping Strip

Sycamore Point Shopping Center

Listing Price: $3,273,000

Cap Rate
6.00%
Gross SF
6,819
Rentable SF
6,819
Price/Gross SF
$479.98
Lot Size
1.10 acres
Year Built
2016

Investment Highlights

  • 6,819-Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Leases are Triple-Net
  • 100% of the Gross Leasable Area has Medical Tenants | Leases have Personal Guarantees
  • Building is Newer (2016) Construction | Situated on a 1.1-Acre Lot with Concrete Parking
  • Signalized, Hard Corner Location at the Intersection of West Everman Parkway and Sycamore School Road | Traffic Counts are Approximately 53,300 Vehicles per Day

Investment Overview

Sycamore Point Shopping Center is a 6,819-square-foot, multi-tenant retail center located in a densely populated area in the southern portion of Fort Worth, Texas. The center is 100 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of internet-resistant, medical tenants including iKids Pediatric Care, Care & Care Pharmacy, and Sycamore Dental. Additional income is derived from a Wells Fargo Bank ATM and an ice kiosk. The building is newer 2016 construction and is situated on a 1.117-acre parcel with ample concrete parking. The subject property is located at the signalized, hard corner of West Everman Parkway and Sycamore School Road. Cumulative traffic counts in front of the property exceed 53,300 vehicles per day. The subject property is adjacent to Family Dollar. Other national retailers in the area include WinCo Foods, Wendy's, RaceTrac, AutoZone, Taco Casa, Shipley's Donuts, Papa John's Pizza, The Home Depot, Sonic, Whataburger, Walmart, Taco Bell, Starbucks Coffee, Aldi, Walgreens, BBVA, Albertsons, Discount Tire, CVS Pharmacy, Goodwill, Kroger, and many more. Sycamore Point Shopping Center is in close proximity to many school campuses, providing additional traffic to the area. The surrounding area benefits from strong demographics, serving a population of more than 251,775 residents within a five-mile radius and an average household income of $78,839.

Exclusively Listed By

Financing By

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