Renovated Multi-Tenant Retail
314 S Main St Fort Worth, TX 76104
314 S Main St, Fort Worth, TX, 76104
$4,105,000
For Sale
$4,105,000
Multi-tenant retail center with restaurant and bar tenants, fully renovated storefronts, and triple-net leases in place.
Property Size9,007 SF
Lot Size0.28 Acres
Price / SF$455.76
Days on Market110
Property Features for 314 S Main St
General Information
- Standard status
- Active
- Size
- 9,007 SF
- Lot size
- 0.28 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1970
Listing agency
Fort Worth Office
(817) 932-6122
Listed by
Chris Gainey · License #TX: 612970
(817) 932-6122
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 20 at 5:41PM Checked: Jul 21 at 3:08AM
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 Fort Worth Office
Investment Insights
Based on property information with market context.
314 South Main is a 9,007-square-foot, multi-tenant retail center with a complementary mix of restaurant and bar establishments. The center is currently 100 percent occupied with triple-net leases, and each lease includes annual rent escalations and renewal options after the initial term.
Built in 1970, the property has undergone a complete renovation that includes new storefronts, a dumpster enclosure, a grease trap, new patio, exterior painting, new canopies, and a painted mural. The site is 0.28 acres with newly updated landscaping and city-owned street parking.
Located on South Main Street, the property is about a half mile southwest of the intersection of Interstate 30 and Interstate 35 West. Interstate 30 carries approximately 123,246 vehicles per day, and Interstate 35 West carries approximately 171,365 vehicles per day.
Built in 1970, the property has undergone a complete renovation that includes new storefronts, a dumpster enclosure, a grease trap, new patio, exterior painting, new canopies, and a painted mural. The site is 0.28 acres with newly updated landscaping and city-owned street parking.
Located on South Main Street, the property is about a half mile southwest of the intersection of Interstate 30 and Interstate 35 West. Interstate 30 carries approximately 123,246 vehicles per day, and Interstate 35 West carries approximately 171,365 vehicles per day.
Key Highlights
- 9,007‑SF, multi‑tenant retail center in Fort Worth, TX, originally built in 1970 and fully renovated
- Currently 100% occupied with triple‑net leases with rent escalations and renewal options after the initial term
- Tenant mix includes Atlas Bar, Chill Coffee & Wine Bar, and Buena Vida Taqueria
Local Financial Insights For Specialty 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 | $217.2k | $24.12 |
| − Vacancy | −$10.4k | −$1.16 |
| EGI | $206.8k | $22.96 |
| − OpEx | −$51.7k | −$5.74 |
| NOI | $155.1k | $17.22 |
9,007 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,116 @ 7.0% cap · market cap 3.78%
Second Best
Retail
$2.07M
$1.81M – $2.41M
NOI $144,775 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$3.27M
$2.86M – $3.82M
NOI $229,030 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Reynolds Ernest Skip
Law Firm
Colosi Frank P
Law Firm
Atlas
Bar & Pub
The Coupe
Bar & Pub
Parde Tacos
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Multi-tenant retail center with restaurant and bar tenants, fully renovated storefronts, and triple-net leases in place.
Where is this strip mall located?
The property is located at 314 S Main St Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,105,000.
What are key features of this property?
This property features: 9,007‑SF, multi‑tenant retail center in Fort Worth, TX, originally built in 1970 and fully renovated; Currently 100% occupied with triple‑net leases with rent escalations and renewal options after the initial term; Tenant mix includes Atlas Bar, Chill Coffee & Wine Bar, and Buena Vida Taqueria
