Listed by SVN | Trinity Advisors
$2,150,000
Calloway Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 12,047
Net Rentable (SqFt) 12,047
Units 7
Cap Rate 5.67%
NOI $121,988
Occupancy 85%
Tenancy Multi
Brand/Tenant State Farm
Lease Type NN+
Rent Bumps Yes
Pro-Forma Cap Rate 7.60%
Pro-Forma NOI $163,319
Price per SqFt $178
Class B
Year Built 1986
Buildings 1
Acreage 0.690
Zoning "E" Commercial
Investment Type Value Add
Ground Lease No
Retail | Add-Value | 12,047 SqFt
Marketing description
Calloway Center is strategically positioned along River Oaks Blvd in Fort Worth, serving a well-established and densely populated trade area just northwest of downtown. The property benefits from its proximity to major thoroughfares including TX-183 and Loop 820, providing convenient access to the greater DFW Metroplex. Surrounded by mature residential neighborhoods, local businesses, and neighborhood-serving retail, the center experiences consistent daily traffic and stable consumer demand.
Investment highlights
- Long-Term Tenant Stability: The property is anchored by established, long-term tenants including State Farm, which has operated at the center since 1998, and the Donut Shop, a longstanding neighborhood staple since 2000, demonstrating tenant commitment and consistent customer traffic over multiple decades.
- Recent Capital Improvements: Property features a newly installed roof in 2025, reducing near-term maintenance concerns and providing long-term durability for ownership and tenants alike.
- Built-In Rental Growth: All leases include structured annual rent increases, offering investors consistent income growth and a hedge against inflation over the lease term.
- Strong Visibility & Exposure: Positioned along River Oaks Blvd, the center benefits from excellent street visibility, prominent frontage, and consistent daily traffic, enhancing tenant exposure and customer accessibility.
- Value-Add Leasing Opportunity: One remaining vacancy presents a clear opportunity for upside through lease-up, with strong fundamentals supporting tenant demand in the immediate trade area.
Listing Contacts
Listed by SVN | Trinity Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,988.00
$10,165.67/mo
Valuation Metrics
0
DSCR
5.67%
Cap Rate
5.67%
ROI
Map
Zoning
E CommercialNeighborhood CommercialNeighborhood Commercial
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View all 250 uses Last updated Apr 1, 2026 For deeper zoning details, reports are available at Zoneomics
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