For Lease
$12-$16 /SF/YR

6700 Denton Hwy Watauga, TX 76148

Watauga, TX retail center: high traffic, multiple spaces.

Overview

Added:
Dec 11, 2024
Days on market:
137
Greenfield Plaza, located at 6700 Denton Hwy in Watauga, Texas, 76148, presents a compelling retail investment opportunity. This single-story, 1980-built center sits on 2.45 acres and boasts a prime location at the highly visible, signalized intersection of Denton Highway and Chapman Road, experiencing over 106,000 vehicles per day. The property's strategic position between Loop 820 and North Tarrant Parkway, key area thoroughfares, further enhances its accessibility and visibility. Currently, three spaces are available, ranging from 1,650 to 5,990 square feet, offering flexibility for various retail or office uses. The center features a dedicated turn lane and ample parking. Previous tenants include a spa/salon, fitness center, and a staffing agency, leaving behind adaptable spaces with existing build-outs. The property is zoned LB and benefits from a strong neighborhood-focused tenant mix, including services, dining, and pet services, catering to a dense residential area. The property's CoStar rating is 3 stars, and the motivated ownership offers affordable rent and NNN expenses compared to the surrounding area. Two rear restrooms and individual suite access add to the convenience. High traffic counts (39,000+ VPD in 2020) underscore the property's potential. This is an exceptional opportunity to acquire a well-located retail center in a thriving Tarrant County market.

Highlights

  • Prime retail investment opportunity in Watauga, TX, at the signalized intersection of Denton Hwy and Chapman Rd (106,000+ VPD).
  • Single-story, 1980-built, 2.45-acre center with three available spaces (1,650 - 5,990 SF), suitable for retail or office use.
  • Excellent location between Loop 820 and North Tarrant Parkway, offering high visibility and accessibility.
  • Features ample parking, a dedicated turn lane, and individual suite access with two rear restrooms. Existing build-outs from previous tenants (spa/salon, fitness center, staffing agency).
  • Strong tenant mix, CoStar 3-star rating, and affordable rent & NNN expenses compared to the market. Zoned LB.

Property Details for 6700 Denton Hwy

Property type
Retail properties
RSF (Rentable sq. ft)
9,990 SF
Year Built
1980
Stories
1

Unit(s) available at that property

Space
Suite B
Size
1,650 SF
Rate per SF
$16
Space
Suite G
Size
5,990 SF
Rate per SF
$12
Space
Suite I
Size
2,350 SF
Rate per SF
$16

Location Insight

City
Watauga
County
Tarrant
State
Texas
Latitude
32.8683341
Longitude
-97.2621249

FAQs

What type of property is this?
Retail property - Watauga, TX retail center: high traffic, multiple spaces.
Where is the retail property located?
The property is located at 6700 Denton Hwy Watauga, TX.
What is the lease rate?
The lease rate is $12-$16 /SF/YR.
What are key features of this property?
This property features: Prime retail investment opportunity in Watauga, TX, at the signalized intersection of Denton Hwy and Chapman Rd (106,000+ VPD).; Single-story, 1980-built, 2.45-acre center with three available spaces (1,650 - 5,990 SF), suitable for retail or office use.; Excellent location between Loop 820 and North Tarrant Parkway, offering high visibility and accessibility.
How can I contact the broker?
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6700 Denton Hwy
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