3736 Altamesa Blvd | Fort Worth, TX 76133
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- LoopNet Team
3736 Altamesa Blvd
Fort Worth, TX 76133
Wedgwood Square Shopping Center · Retail Property For Sale
Investment Highlights
- 7.25% Cap Rate, 84.13% Leased Shopping Center Offered at $1,984,000 in Fort Worth, TX
- Below-Market In-Place Rents Averaging $5.30 PSF (Combination of NNN & Modified Gross)
- Close Proximity to Fort Worth’s Medical District Which Employs Over 64,500 People
- Priced Well Below Replacement Cost at $36.62 PSF to the Building; $9.80 PSF to the Land
- Benefits from Multiple Ingress/Egress Points, Two-Sided Pylon Sign, Average Suite Size of 2,831 SF & Positioning Along Altamesa Boulevard
- Fort Worth is the 13th Largest City in the US & a Leading Tourist Destination in Texas (10.8+ Million Visitors Annually)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
54,200 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
1.04
Lot Size
1.20 AC
Zoning
F
Frontage
195 ft on Altamesa Blvd
PROPERTY TAXES
| Parcel Number | 06342213 | Improvements Assessment | $3,008,842 |
| Land Assessment | $691,582 | Total Assessment | $3,700,424 |
PROPERTY TAXES
Parcel Number
06342213
Land Assessment
$691,582
Improvements Assessment
$3,008,842
Total Assessment
$3,700,424
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