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6116 Lake Worth BlvdLake Worth, TX 76135

Prime Texas Retail Center - 11,900 SF, 5 Tenants

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 11,900-square-foot retail shopping center in Lake Worth, Texas, presents a compelling investment opportunity. Built in 2021, the single-building property sits on a 0.74-acre lot at 6116 Lake Worth Blvd, 76135, offering convenient access to major highways like Highway 820 and Highway 199. The center is currently 100% occupied by five diverse tenants, each with a multi-year lease featuring annual rent increases, ensuring a stable and growing income stream. This modern facility boasts low maintenance costs due to its recent construction and benefits from its strategic location just ten miles west of downtown Fort Worth, providing high visibility and accessibility for customers. The strong tenant profile, combined with the long-term leases and built-in rent escalations, creates a predictable and appreciating cash flow, making this an attractive addition to any investment portfolio. The property offers a significant yield with considerable upside potential. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving Texas market. The property's location within a key economic corridor guarantees high traffic and visibility, maximizing the potential for sustained revenue growth. The consistent rental income, coupled with the property's modern amenities and prime location, makes this an ideal investment for those seeking a stable and appreciating asset.

Highlights

  • Stable cash flow: Predictable and growing income from multi-year leases with annual rent increases.
  • Recent 2021 construction: Low maintenance costs and modern facilities.
  • Strong tenant profile: Five diverse tenants with long-term leases and annual rent increases.
  • High yield with upside potential: Attractive return on investment.
  • Excellent location & accessibility: High visibility near Highways 820 and 199, ten miles west of downtown Fort Worth.

Property Details for 6116 Lake Worth Blvd

Property type
Lifestyle centers, Power centers
Square Feet
11,900 SF
Buildings
1
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Lake Worth
County
Tarrant
State
Texas
Latitude
32.8072381
Longitude
-97.4155232
6116 Lake Worth Blvd, Lake Worth, Texas

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6116 Lake Worth Blvd
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