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    108 NE 28Th St Fort Worth, TX 76164

    For Sale
    $5,367,824

    Retail property in Fort Worth with long-term NNN lease.

    Property size:
    15,070 SF
    Lot size:
    1.94 Acres

    Property Features for 108 NE 28Th St

    General Information

    Size
    15,070 SF
    Lot size
    1.94 Acres

    Source: SVN | Net Lease Texas Agent Glen Berhow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Worth Retail NNN Property

    This retail property, constructed in 2000, features 15,070 square feet of space on a 1.9-acre lot. The property benefits from a signalized intersection and a hard corner location. It has a NNN lease with over ten years remaining on the original 25-year term, along with ten 5-year options. The location experiences traffic volume exceeding 46,000 vehicles per day. The surrounding area within a three-mile radius has a population of over 120,000 and an average household income exceeding $53,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Perfume Store COVID-19 Drive-Thru Testing ... Pharmacy Walgreens ATM Atm Walgreens Pharmacy Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3481738
    Latitude
    32.7945864

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    FAQs

    What type of property is this?
    Retail space - Retail property in Fort Worth with long-term NNN lease.
    Where is this retail space located?
    The property is located at 108 NE 28Th St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $5,367,824.
    What are key features of this property?
    This property features: - Long-term NNN Lease with over 10 years remaining.; - High traffic location at a signalized intersection with 46,000+ vehicles per day.; - Located on a hard corner lot.
    (469) 828-1950
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    Fort Worth, TX 76164
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 NE 28Th St Fort Worth, TX 76164
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