6500 Old Denton RdFort Worth, TX 76131

Property Details for 6500 Old Denton Rd

Year built

2006

Lot size

4.76 AC

Property size (Sq ft)

34,717 SF

Property type

Individual retail properties

APN

46052-1-4R1A

APU

4605214R1A

Description

This 2,112-square-foot retail space, located at 6500 Old Denton Road in Fort Worth, Texas (zip code 76131), is situated within an existing 24 Hour Fitness gym in Tarrant County's Western Center submarket. Currently vacant, this single-tenant space is perfect for a variety of fitness-related businesses. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss programs, health diagnostic services, and the sale of related products and apparel. The landlord will consider other health, wellness, and fitness-related businesses. However, uses requiring extensive construction or utility upgrades, food and beverage preparation, or pole dancing classes are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This exceptional location offers high visibility and convenient access within a well-established fitness center. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $9,669,890

  6.5%

  $8,926,052

  7%

  $8,288,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,107,165

  Geo Method

  $23,023,426

• Alternative Use

  Use

  Valuation

  Residential

  $7,529,459

  Hospitality

  $6,896,944

  Educational

  $5,738,176

  Medical

  $5,935,521

  Retail

  $8,926,052

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.8595

Longitude

-97.3164

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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