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24732843
24732844

426 S Henderson St, Fort Worth, TX 76104

Holt Lunsford Commercial
Holt Lunsford Commercial
Listed by Holt Lunsford Commercial
$2,285,000
325 days on market
Updated 39 days ago

Medical District/Near Southside CVS

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 6,500
Net Rentable (SqFt) 6,500
Cap Rate 7.51%
NOI $171,600
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type Absolute NNN
Lease Expiration 07/31/2029
Remaining Term 3.8
Pro-Forma Cap Rate 7.51%
Pro-Forma NOI $171,600
Year Built 1990
Buildings 1
Stories 1
Acreage 0.270
Zoning Commercial
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Retail | 7.51% CAP | 6,500 SqFt

Marketing description

  • This CVS Specialty Pharmacy helps serve all of the Medical District in Fort Worth, Texas

  • High-Growth: The metro is expected to add nearly 290,200 people through 2025, resulting in the formation of roughly 118,200 households.

  • 426 S Henderson St represents a prime investment opportunity in Fort Worth’s dynamic Near Southside.

  • Situated in Fort Worth’s bustling Near Southside neighborhood, it is ideally positioned within a rapidly growing medical and office corridor.

  • The demand for medical office space in Fort Worth is strong, driven by the city’s increasing population & the ongoing expansion of healthcare services

  • Office and medical office vacancy rates in the Near Southside district have remained relatively low compared to broader Fort Worth submarkets.

  • The Near Southside’s profile as a preferred location for office and medical tenants is expected to grow.

Listing Contacts

Holt Lunsford Commercial
Holt Lunsford Commercial
Listed by Holt Lunsford Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$171,600.00
$14,300.00/mo

Valuation Metrics

0
DSCR
7.51%
Cap Rate
7.51%
ROI

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