Listed by Texas Invest Co
$450,000
Meadowbrook Retail Building
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,200
Net Rentable (SqFt) 2,200
Units 3
Tenancy Multi
Lease Type Gross
Price per SqFt $205
Broker Co-Op Yes
Year Built 1965
Year Renovated 2019
Buildings 2
Stories 1
Acreage 0.289
Zoning F1
Investment Type Value Add
Retail | 2,200 SF
Marketing description
Texas Invest Co is pleased to present a unique multi-tenant retail/professional building in Fort Worth. The property consists of 2,200 square foot of leasable space divided amongst 3 suites. The owner of The Barber Shop is retiring and is selling the property. The other two suites are month to month and one of those tenants has been there for over 10 years. The project is located on the hard corner of Meadowbrook Drive and Forest Avenue, just 800 feet from Loop 820.
Investment highlights
- Three suite retail building
- Roof replaced in 2019
- Hard corner location
- On heavily trafficked Meadowbrook Drive
- 800 feet from Loop 820
- Overly parked with 25 spaces
- Currently fully occupied, Seller/Operator of The Barber Shop is retiring
- In-place income
- Suite A has been occupied by the same tenant for approximately 10 years
- The Barber Shop has been open for almost 40 years
- PLEASE DO NOT DISTURB TENANTS
Listing Contacts
Listed by Texas Invest Co
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
