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Restaurant Opportunity in River East
For Lease
$20 SF/Yr

617 N Retta, Fort Worth, TX 76111

Convertible building in growing River East district, ideal for restaurant.

Space Size2,566 SF - 5,000 SF
Days on Market208

Property Features for 617 N Retta

General Information

Standard status Active
Size 2,566 SF - 5,000 SF
Property subtype Retail
Lease Term Full Service

Building Details

Building Size 5,000 SF

Spaces For Lease

at 617 N Retta Contact us

2920 Race $24/SF/Yr

Size
2,566 SF
Term
Negotiable
Contact us

617 N. Retta $20/SF/Yr

Size
5,000 SF
Term
Negotiable
Contact us
Listing Agency: SVN | Trinity Advisors
Listed By: James Blake, CCIM · License #TX #340987
Source: Svntrinity
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 23 at 3:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Trinity Advisors

Investment Insights

Based on property information with market context.

This property presents an opportunity to convert the existing building into a restaurant with outdoor entertainment options. Situated in Fort Worth's River East District, the location allows a restaurant to capitalize on the area's growth. The property includes a land lot that can be utilized for additional parking and outdoor entertainment, or it can be utilized by multiple tenants. The Six Points Urban Village has undergone a multi-million dollar makeover, with improvements along Race Street stretching more than 3,000 feet. The location is in Fort Worth’s up-and-coming neighborhood, which features boutique stores and entertainment venues alongside urban housing and contemporary apartments. Race Street has continued to grow, welcoming at least 11 new businesses in 2020. The property size is 5000 square feet. Fort Worth has experienced sustained population and economic growth, and was the 3rd largest population increase of any US city in 2018.

Key Highlights

  • Ideal location for a restaurant with outdoor entertainment.
  • Capitalize on the growth of the River East District.
  • Land lot can be used for additional parking and outdoor entertainment.

Property Analytics

Current Use

Horn Electric Electrical Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary Clinic Catering Service Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76111, TX

22,512
Population
8,523
Households
2.6
Avg Household Size
33
Median Age
15%
College-Educated
67%
High-School Grad
7.4 sq mi
ZIP Area
3,042
Density / Sq Mi
$56,944
Median Household Income
$37,149
Median Earnings
$1,272
Median Rent
$199,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Both Worlds Mexican 3300 Airport Fwy, Fort Worth, TX 76111

Frequently Asked Questions

What type of property is this?
Restaurant - Convertible building in growing River East district, ideal for restaurant.
Where is this restaurant located?
The property is located at 617 N Retta Fort Worth, TX.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Ideal location for a restaurant with outdoor entertainment.; Capitalize on the growth of the River East District.; Land lot can be used for additional parking and outdoor entertainment.
More about this property
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