Harmon Village
FULLY STABILIZED, THREE-TENANT RETAIL CENTER : MEDICAL-ORIENTED TENANT BASE : BELOW-MARKET RENTS
Marketing description
Harmon Village is a fully occupied, 17,708-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. Anchored by WellMed, a leading healthcare provider, the tenant base is a complementary mix of service-oriented businesses including Bella Smiles Dental and Donut King. All leases are triple-net, and all leases include options for renewal. The building was constructed in 2018 with modern elements and sits on approximately 3.42 acres with a concrete parking lot.
Harmon Village is located on Harmon Road near the roundabout intersection with Heritage Trace Parkway with close proximity to Interstate 35 West, which is a major north/south thoroughfare in the city carrying more than 104,141 vehicles per day. The center is in close proximity to numerous national and regional retailers, including Target, At Home, Ross Dress for Less, Costco, ALDI, Petco, Dollar Tree, HomeGoods, WinCo Foods, Marble Slab Creamery, Outback Steakhouse, Chuy’s, Smoothie King, Chick-fil-A, Best Buy, ULTA Beauty, and many more. The subject property is also less than a mile from The Citadel, a master planned development currently under construction, situated on 89 acres that upon completion will feature office space, apartment homes, outdoor pursuits, and diverse hospitality, retail and dining opportunities. The property further benefits from its proximity to AllianceTexas, a 27,000-acre master-planned development that serves as a major regional employment hub, driving significant daytime population and sustained consumer demand.
Investment highlights
FULLY STABILIZED, THREE-TENANT RETAIL CENTER
100 percent occupied, 17,708-square-foot neighborhood retail center.
MEDICAL-ORIENTED TENANT BASE (93% OF GLA), ANCHORED BY WELLMED CLINIC
Approximately 93% of the GLA is leased to medical tenants, including WellMed and Bella Smiles Dental, providing e-commerce resistance and durable, needs-based demand.
BELOW-MARKET RENTS
Current rents are below market levels, providing an opportunity to increase rents through future lease renewals and enhance overall asset value.
LESS THAN ONE MILE FROM THE CITADEL MIXED-USE DEVELOPMENT
Located just minutes from the newly planned The Citadel, an 89-acre, ~600,000 SF mixed-use destination featuring retail, office, multifamily, and dining uses at the I-35W & Heritage Trace Parkway interchange.
STRATEGIC LOCATION NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE
AllianceTexas is a 27,000-acre master-planned development with over 575 companies and 66,000+ jobs, driving sustained population and employment growth.
PROXIMITY TO OTHER MAJOR EMPLOYMENT HUBS
Immediate access to one of the nation’s most significant logistics and corporate corridors, home to major employers such as Amazon, FedEx, Charles Schwab, Fidelity, and BNSF Railway, supporting a strong daytime population. Downtown Fort Worth is less than 12 miles south.
EXPLOSIVE POPULATION & RESIDENTIAL GROWTH CORRIDOR
Surrounded by one of the fastest-growing residential trade areas in North Texas, with thousands of new single-family homes and master-planned communities fueling long-term retail demand.
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