For Sale
$2,975,000

702 Saginaw BlvdSaginaw, TX 76179

Thriving retail center, 8 tenants, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional investment opportunity presents the Saginaw Shopping Center, a well-established 14,160 square foot retail center located at 702 S Saginaw Blvd, Saginaw, TX 76179. Built in 1976, this multi-tenant property boasts eight current tenants and offers a strong net operating income (NOI) of $227,350. The asking price is $2,975,000, translating to $210.10 per square foot. Situated on a 3.58-acre lot, the center provides ample parking with 120 spaces to accommodate customers. The property benefits from a high volume of daily traffic exceeding 30,000 vehicles per day, and its location north of Loop 820 on S Saginaw Blvd places it just minutes from Fort Worth's Stockyards, ensuring high visibility and accessibility. The center is zoned "F1" General Commercial, offering flexibility for future development. Recent leasing activity includes three new tenant signings, demonstrating strong market demand. The property features an open floor plan and is offered as a turnkey option. There is up to 1,110 square feet of contiguous space available with excellent frontage and visibility, ideal for expansion or new tenants. This property presents a compelling investment opportunity in a thriving retail market.

Highlights

  • Established retail center with local ownership and management.
  • High-traffic location with over 30,000 vehicles per day.
  • Three new tenants recently signed leases.
  • Excellent co-tenancy with national retailers including Planet Fitness and Popeyes.
  • Turnkey space available with open floor plan.
  • Up to 1,110 square feet of contiguous retail space offering great frontage and visibility.

Property Details for 702 Saginaw Blvd

Property type
Lifestyle centers, Power centers
Square Feet
14,160 SF
Year Built
1976
Lot Size (sq. ft)
155,945 SF

Location Insight

City
Saginaw
County
Tarrant
State
Texas
Latitude
32.8519905
Longitude
-97.3613031
702 Saginaw Blvd, Saginaw, Texas

FAQs

What type of property is this?
Lifestyle center - Thriving retail center, 8 tenants, high NOI.
Where is the lifestyle center located?
The property is located at 702 Saginaw Blvd Saginaw, TX.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Established retail center with local ownership and management.; High-traffic location with over 30,000 vehicles per day.; Three new tenants recently signed leases.
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.
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702 Saginaw Blvd
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