Property Name

Beach Street Retail

GLA 14,967 SF

Percent Leased 100% Leased

Property Description

Beach Street Retail is a 14,967 SF retail asset located near the intersection of Interstate 820 and Beach Street in Fort Worth, Texas. Positioned on 1.38 acres of land fronting Beach Street, the Property is just 10 minutes north of Downtown Fort Worth and 20 minutes from Dallas/Fort Worth International Airport.  Built in 2006, Beach Street Retail is 100% leased to tenant lineup featuring Overtime Bar & Grill, Ink Pit Tattoo, Legacy Nail Bar, US Liquor and National Prime Commercial. Rents average just $20.83 PSF NNN, which are at or below market for comparable retail space allowing for long term upside in rent growth.  As a testament to the strength of the submarket and location, Overtime Bar & Grill has been a tenant for over 12 years. Built in 2006, the Property is priced near replacement cost at $297.52 PSF to the building with all masonry construction, multiple ingress/egress points and a large pylon sign fronting Beach Street.