Property Name

Aledo Retail Center

GLA 12,428 SF

Percent Leased 100% Leased

Property Description

Aledo Retail Center is a 12,428 square foot retail asset located in the rapidly growing Dallas/Fort Worth submarket of Aledo, Texas. Situated along the FM 1187 frontage just south of Interstate 20, the Property is approximately 20 minutes west of Downtown Fort Worth.  Aledo Retail Center is 100% leased to a complementary tenant lineup of service-based retail and medical users including Lavender Nail Spa, Realty World Professionals, Physiologic Physical Therapy, Goodwin Dental, CBD American Shaman, Trinity Classic Homes and First National Bank.  The Property is priced below replacement cost at $274.30 per square foot to the building with average shop space rents of only $16.90 PSF NNN which provide long term upside in rent growth.  Tenants at Aledo Retail Center have an average base lease term expiration of February 2026 and with average suite sizes of only 1,775 square feet, providing strong residual lease-up potential.  Neighboring national retailers include Sonic, Taco Bell, Subway, Take 5 Oil Change, Kwik Kar Wash and CVS among others.