Multi-Tenant Retail Strip Center with
For Sale
$4,100,000
12400 Timberland Boulevard, Fort Worth, TX 76244
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 Market58
Property Features for 12400 Timberland Boulevard
General Information
Standard status
Active
Size
8,510 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
31,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
The Woodmont Company
(619) 823-0253
Listed By:
Russel Wehsener · License #817073
(619) 823-0253
Source:
Srsre
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 29 at 1:20PM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
31,200 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
170k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 32%
Shops & Services 31%
Electronics 2%
Kroger
Groceries
54,952 visits/mo
0.3 miles
McDonald's
Dining
27,033 visits/mo
0.2 miles
Kroger Fuel Center
Shops & Services
24,970 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,535 visits/mo
0.4 miles
Chicken Express
Dining
7,491 visits/mo
0.4 miles
Demographics for 76244, TX
77,154
Population
26,098
Households
3
Avg Household Size
33
Median Age
45%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
5,178
Density / Sq Mi
$119,542
Median Household Income
$62,021
Median Earnings
$1,954
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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
