Grocery Adjacent Value Add
Grocery Adjacent Value Add is a 3,500 SF vacant retail building with potential drive-thru capability in Fort Worth, Texas. Benefitting from contiguous positioning to ALDI grocery store, the Property is situated near the intersection of State Highway 183 (Alta Mere Drive/Westworth Boulevard) and Green Oaks Road in an extremely dense retail corridor with more than 3,000,000 SF of retail GLA in a 1 mile radius (CoStar). In addition, Grocery Adjacent Value Add sits approximately 10 minutes west of Downtown Fort Worth and 30 minutes southwest of DFW Airport. Average household income exceeds $110,700 in a one-mile radius. The site boasts a large, highly visible pylon sign along Alta Mere Drive and utilizes cross access with neighboring shadow anchor Lowe’s. Built in 2006 as a bank with three (3) drive-thru lanes, the Property was converted to a retail storefront in 2012 and leased to Verizon until 2022. Grocery Adjacent Value Add represents a compelling opportunity for retail or restaurant user with the potential to make use of the previously utilized drive-thru lanes*.
*Buyer should verify with its own due diligence through proper governmental authorities the viability of a drive-thru at the Property relative to its suitability for Buyer’s intended purposes.