4560 Heritage Trace PkwyFort Worth, TX 76244

Property Details for 4560 Heritage Trace Pkwy

Year built

2019

Lot size

1.17 AC

Property size (Sq ft)

9,600 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

17781C-170-5

APU

17781C1705

Description

This exceptional 1,500 square foot end-cap retail space is located at 4560 Heritage Trace Pkwy in Fort Worth, Texas, 76244. Built in 2019, this property offers a fully built-out space ideal for a quick-service restaurant or café, complete with a grease trap and industrial refrigerator/freezer. Its prime location boasts over 22,000 vehicles per day, benefiting from its proximity to a Walmart Neighborhood Market and other national and regional retailers such as Pure Barre, Athletico, and Beverly Hills Rejuvenation. The space is strategically positioned with a drive-thru and excellent visibility from I-35W, ensuring high traffic and customer accessibility. The surrounding area features affluent demographics, with an average household income exceeding $149,000 within a one-mile radius. The property is zoned E and is ready for immediate occupancy. The space is part of a larger 9,600 square foot building with a minimum divisible space of 1,500 square feet. This location also benefits from its proximity to Central High School, serving over 2,800 students and faculty. The lease rate is $38.00 per square foot per year (Triple Net - NNN), with negotiable lease terms. This presents a unique opportunity for businesses seeking a high-visibility, high-traffic location in a thriving Fort Worth retail hub.

• CAP approach

  CAP return

  Valuation

  6%

  $2,673,933

  6.5%

  $2,468,246

  7%

  $2,291,943

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,794,849

  Geo Method

  $2,910,782

• Alternative Use

  Use

  Valuation

  Residential

  $2,082,058

  Hospitality

  $1,907,154

  Educational

  $1,586,730

  Medical

  $1,641,300

  Retail

  $2,468,246

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.9142

Longitude

-97.2869

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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