Multi-Tenant Retail Strip Center with
12400 Timberland Boulevard Fort Worth, TX 76244
12400 Timberland Boulevard, Fort Worth, TX, 76244
$4,100,000
For Sale
$4,100,000
Fee-simple strip center anchored by a drive-through K-Pop Burger, fully leased with weighted-average 4.4-year term.
Property Size8,510 SF
Price / SF$481.79
Days on Market49
Property Features for 12400 Timberland Boulevard
General Information
- Standard status
- Active
- Size
- 8,510 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
The Woodmont Company
(619) 823-0253
Listed by
Russel Wehsener · License #02194516
(619) 823-0253
Source
Srsre
Added: Jun 3 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 6:00AM
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 The Woodmont Company
Investment Insights
Based on property information with market context.
Woodland Village Strip Center is an 8,510-square-foot, multi-tenant retail strip center offered as a fee-simple investment, providing land and building ownership. The property is currently 100% leased to a mix of national and regional, service-oriented tenants. The weighted average lease term remaining is approximately 4.4 years, helping reduce near-term rollover risk. Tenant history is demonstrated with more than 61% of the lineup operating at the property for over 10 years. The rent roll includes contractual rental increases through the majority of the tenancy, supporting built-in growth. In-place rents remain below current market levels in select suites.
The center is located in a dense retail corridor in Fort Worth, Texas, within close proximity to multiple national and credit tenants including Walmart Supercenter, Sam’s Club, Kroger, Bass Pro Shops, Aldi, CVS, Walgreens, Dollar Tree, and more. Woodland Village Strip Center is near Texas Health Harris Methodist Hospital Alliance, a 151-bed full-service acute care hospital that serves more than 50,000 patients annually and generates approximately 44,000 emergency room visits per year. Access is supported by a signalized hard-corner intersection at Alta Vista Road and Timberland Boulevard, with traffic exceeding 17,000 vehicles per day, along with nearby access to Interstate 35W, Highway 170, Golden Triangle Blvd, and more.
This configuration can appeal to buyers seeking a stabilized, fully occupied retail asset anchored by a drive-thru equipped restaurant and supported by a broad local mix of daytime employment, established retail adjacency, and nearby residential communities.
The center is located in a dense retail corridor in Fort Worth, Texas, within close proximity to multiple national and credit tenants including Walmart Supercenter, Sam’s Club, Kroger, Bass Pro Shops, Aldi, CVS, Walgreens, Dollar Tree, and more. Woodland Village Strip Center is near Texas Health Harris Methodist Hospital Alliance, a 151-bed full-service acute care hospital that serves more than 50,000 patients annually and generates approximately 44,000 emergency room visits per year. Access is supported by a signalized hard-corner intersection at Alta Vista Road and Timberland Boulevard, with traffic exceeding 17,000 vehicles per day, along with nearby access to Interstate 35W, Highway 170, Golden Triangle Blvd, and more.
This configuration can appeal to buyers seeking a stabilized, fully occupied retail asset anchored by a drive-thru equipped restaurant and supported by a broad local mix of daytime employment, established retail adjacency, and nearby residential communities.
Key Highlights
- 8,510 SF Woodland Village strip center in Fort Worth, TX (Dallas MSA)
- 100% leased multi‑tenant retail with weighted‑average 4.4 years remaining
- More than 61% of tenants have operated at the property for over 10 years
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.3k | $24.12 |
| − Vacancy | −$9.9k | −$1.16 |
| EGI | $195.4k | $22.96 |
| − OpEx | −$58.6k | −$6.89 |
| NOI | $136.8k | $16.07 |
8,510 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.95M
$1.71M – $2.28M
NOI $136,786 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.70M – $3.61M
NOI $216,392 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The UPS Store
Courier Service
Shred Nations
Recycling Center
Wingstop
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Fee-simple strip center anchored by a drive-through K-Pop Burger, fully leased with weighted-average 4.4-year term.
Where is this strip mall located?
The property is located at 12400 Timberland Boulevard Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 8,510 SF Woodland Village strip center in Fort Worth, TX (Dallas MSA); 100% leased multi‑tenant retail with weighted‑average 4.4 years remaining; More than 61% of tenants have operated at the property for over 10 years
