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1701-1705 S Cherry Ln White Settlement, TX 76108

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For Sale
$12,905,000

105,173 SF shopping center with national brand anchor tenant.

Property size:
105,173 SF
Lot size:
11.90 Acres

Property Features for 1701-1705 S Cherry Ln

General Information

Size
105,173 SF
Lot size
11.90 Acres

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Listing Contact
Harrison Beethe
Source: Moodyscre

Listing Agent: Harrison Beethe

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

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Overview

100% Leased Fort Worth Shopping Center

This 105,173 square foot shopping center in West Fort Worth is 100% leased to two tenants: Academy Sports and Outdoors and The Picklr. Both tenants operate under triple net (NNN) leases. The Picklr pickleball arena, with 97 locations throughout the United States and 16 locations throughout major Texas markets, has a brand new 10-year lease and features 10 courts at this location. Academy Sports and Outdoors (NYSE: ASO), a national brand anchor tenant with a corporately guaranteed lease, has been operational at this location since 2003 and has already exercised one renewal option. The property is in close proximity to Carswell Joint Reserve Air Force Base, home to over 21,000 individuals, including active-duty personnel, families, and contractors. The location is densely populated with over 184,000 people and over 76,000 households within a 5-mile radius. Traffic counts exceed 19,000 along Cherry Lane and over 108,000 along Interstate 35. Surrounding retailers include Lowes, Walmart, Target, Sam’s Club, Aldi, iHOP, Wendy’s, Popeyes, Subway, TitleMax Loans, McDonalds, Whataburger, Chick Fila, T-Mobile, and AT&T Store.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
White Settlement
County
Tarrant
State
Texas
Longitude
-97.4505051
Latitude
32.7409432

FAQs

What type of property is this?
Shopping center - 105,173 SF shopping center with national brand anchor tenant.
Where is this shopping center located?
The property is located at 1701-1705 S Cherry Ln White Settlement, TX.
What is the asking price?
The asking price for this property is $12,905,000.
What are key features of this property?
This property features: - 100% Leased Shopping Center anchored by Academy Sports and Outdoors & The Picklr; - National Brand Anchor Tenant: Academy Sports and Outdoors (NYSE: ASO) with long-term commitment.; - Brand New 10-Year Lease with The Picklr Pickleball Arena.
More about this property
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