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Shopping Strip

Ranch House South Shopping Center

119 Ranch House Rd, Aledo, TX 76087

Listing Price: $3,957,000

Cap Rate
6.89%
Gross SF
18,150
Rentable SF
18,150
Price/Gross SF
$218.02
Lot Size
1.61 acres
Year Built
2002

Investment Overview

Ranch House South Shopping Center is an 18,150-square-foot, multi-tenant retail center located in a high growth area of Aledo, a suburb 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, service-oriented businesses including Studio 369, Sendera Title Company, Fit for Life, Dr. Dickey, Chiropractic, Aledo Nail and Spa, CiBi Italian Restaurant, Tobacco Town, and Ranch House Doughnuts. Constructed in 2002, the building is situated on a 1.614-acre lot. Located two blocks south of highly-trafficked Interstate 20, Ranch House South Shopping Center is situated on the east side of South Ranch House Road. 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 a new First Bank Texas banking center, training center, and headquarters for First 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 $138,120 within a five-mile radius.

Investment Highlights

  • 18,150-Square-Foot, Multi-Tenant Retail Center Located in the Rapidly Growing Fort Worth Suburb of Aledo, Texas
  • 100% Occupied | All Leases are Triple-Net
  • Tenants are a Complementary Mix of Local Retailers
  • Building has a Metal Roof | Property is Situated on 1.614 Acres with Ample Paved Parking | Large Pylon Sign Provides Additional Visibility
  • Located Two Block South of Interstate 20 | Highly-Trafficked East-West Freeway with More Than 78,000 Vehicles per Day
  • Highly Affluent Surrounding Area | Average Household Income Exceeds $138,120 Within a Five-Mile Radius

Exclusively Listed By

Shopping Strip

Ranch House South Shopping Center

Listing Price: $3,957,000

Cap Rate
6.89%
Gross SF
18,150
Rentable SF
18,150
Price/Gross SF
$218.02
Lot Size
1.61 acres
Year Built
2002

Investment Highlights

  • 18,150-Square-Foot, Multi-Tenant Retail Center Located in the Rapidly Growing Fort Worth Suburb of Aledo, Texas
  • 100% Occupied | All Leases are Triple-Net
  • Tenants are a Complementary Mix of Local Retailers
  • Building has a Metal Roof | Property is Situated on 1.614 Acres with Ample Paved Parking | Large Pylon Sign Provides Additional Visibility
  • Located Two Block South of Interstate 20 | Highly-Trafficked East-West Freeway with More Than 78,000 Vehicles per Day
  • Highly Affluent Surrounding Area | Average Household Income Exceeds $138,120 Within a Five-Mile Radius

Investment Overview

Ranch House South Shopping Center is an 18,150-square-foot, multi-tenant retail center located in a high growth area of Aledo, a suburb 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, service-oriented businesses including Studio 369, Sendera Title Company, Fit for Life, Dr. Dickey, Chiropractic, Aledo Nail and Spa, CiBi Italian Restaurant, Tobacco Town, and Ranch House Doughnuts. Constructed in 2002, the building is situated on a 1.614-acre lot. Located two blocks south of highly-trafficked Interstate 20, Ranch House South Shopping Center is situated on the east side of South Ranch House Road. 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 a new First Bank Texas banking center, training center, and headquarters for First 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 $138,120 within a five-mile radius.

Exclusively Listed By

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