Property Name

Weatherford Town Center 2-Tenant Strip

GLA 6,971 SF

Percent Leased 100% Leased

Property Description

Weatherford Town Center 2-Tenant Strip is a 6,971 square foot retail property positioned in a thriving retail corridor approximately 30 minutes west of Fort Worth in the DFW submarket of Weatherford, Texas.  The Property is part of Weatherford Town Center with over 136,000 square feet of retail led by Academy Sports + Outdoors and Hobby Lobby.    Weatherford Town Center 2-Tenant Strip is 100% leased to Sake Asian Cuisine & Bar and Over The Moon Furniture Consignment with an average base lease term expiration of December 2025.  Sake Asian Cuisine & Bar just recently extended to February 2027.  Rents for both tenants average just $12.67 per square foot NNN which is below market for comparable retail space allowing for long term upside in rent growth.  Neighboring retail space in the surrounding area is quoting low to mid-$20’s per square foot NNN.  The Property is priced well below replacement cost at $211.09 per square foot to the building with a low price point of $1,471,000 at list price.