For Sale
$1,725,000

2101 Handley Ederville RdFort Worth, TX 76118

11,310 SF, 100% Leased, 7.23% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail investment property, located at 2101 Handley Ederville Rd in Fort Worth, Texas, presents a compelling opportunity. The 11,310 square foot building, constructed in 2015, sits on a 1.03-acre lot zoned C-1. Currently 100% occupied by two tenants (a daycare and restaurant) under a triple-net (NNN) lease, the property boasts a strong 7.23% cap rate based on a net operating income (NOI) of $124,753. The lease terms are favorable, with a remaining term of approximately 2.2 years (commencing February 15, 2024 and expiring February 14, 2027). Pro forma projections indicate a potentially higher 8.67% cap rate and a NOI of $149,518, reflecting significant upside potential. The asking price is $1,725,000, translating to $152.52 per square foot. This property is ideally situated amidst major office and flex industrial areas, and north of a substantial residential zone in Tarrant County, zip code 76118. The property is well-maintained and offers a secure investment with long-term tenants. This is a 1031 exchange eligible opportunity.

Highlights

  • 7.23% CAP rate.
  • 100% Leased retail investment.
  • Prime location in the Dallas/Fort Worth metroplex.
  • Excellent condition; owner-maintained.
  • Significant upside potential in projected income.
  • Asking price: $152 per square foot.

Property Details for 2101 Handley Ederville Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
11,310 SF
Year Built
2015
Buildings
1
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7892455
Longitude
-97.2218049
2101 Handley Ederville Rd, Fort Worth, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2101 Handley Ederville Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message