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175,153 SF Community Center For Sale
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Pending

6218 Hulen Bend Blvd, Fort Worth, TX 76132

Multi-tenant community center in Fort Worth, Texas. 94% occupied.

Property Size175,153 SF
Lot Size13.80 Acres
Days on Market263

Property Features for 6218 Hulen Bend Blvd

General Information

Standard status Pending
Size 175,153 SF
Lot size 13.80 Acres
Property subtype Retail
Occupancy 90%
Lease Type NNN
Investment Type Value Add
Net Operating Income $2,215,610

Building Details

Year Built 1985
Year Renovated 2016
Units 36
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #TX 522087
Source: Crexi
Added: Jan 26 Changed: Oct 2 Last Checked: Oct 16 at 6:55AM

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 Marcus & Millichap - Dallas

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Investment Insights

Based on property information with market context.

This 175,153-square-foot, multi-tenant community center is located in Fort Worth, Texas. The center is 94 percent occupied, with 59 percent of the gross leasable area under triple-net leases. Anchored by a new 10-year lease with Amped Fitness AMC Theaters, and AW Outlet, the tenant base includes Dollar Tree, 3D Smokehouse, Marco's Pizza, Hulen Smiles, Dickie's BBQ, Barbershop, Octopharma Plasma, Glamor Wigs, Feng Cha, Amazing Nails, Army Navy, MaharaJa Indian Restaurant, Great Clips, OK Food Mart, Elegance Events, Massage, Jerusalem Market, Lash Supply, and Cru Restaurant. The buildings are situated on two parcels totaling 13.8 acres with ample paved parking. A double-sided monument sign faces Hulen Street. A new roof was installed on all buildings in 2022 with a 20-year warranty. Hulen Pointe is located on Hulen Bend Boulevard at the signalized intersection with South Hulen Street less than a mile from Chisholm Trail Parkway. Traffic counts exceed 65,177 vehicles per day. It is in close proximity to Hulen Mall, which features more than 127 specialty shops and stores and is anchored by Macy's and Dillard's. The center is located in a dense retail trade area, neighbored by Haverty's Furniture, Fitness Connection, Mardel Christian & Education, ALDI, AutoZone Auto Parts, Half Price Books, Floor & Decor, Men's Wearhouse, Guitar Center, Uptown Cheapskate, Total Wine & More, and Hobby Lobby. The property is positioned to serve a residential area with a population exceeding 262,497 residents within a five-mile radius, and an average household income of $93,147 within a three-mile radius, and $90,462 within a five-mile radius.

Key Highlights

  • 94% Occupancy Rate with Future Upside Potential
  • Anchored by New 10‑Year Leases from Amped Fitness, AMC Theaters, and AW Outlet
  • Strong Tenant Mix ensures consistent traffic and revenue streams

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,815,334
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$56,306,680 $56.3M
Cap Rate 7%
$40,219,057 $40.2M
Cap Rate 9%
$31,281,489 $31.3M
Market Conditions
NOI Build-Up for 175,153 SF
Gross rent
$4.22M $24.12/SF
− Vacancy
−$202.8K −$1.16/SF
EGI
$4.02M $22.96/SF
− OpEx
−$1.21M −$6.89/SF
NOI
$2.82M $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$56,306,680
Cap Rate 7%
$40,219,057
Cap Rate 9%
$31,281,489

Alternative Uses

Best Use
Retail
$40.22M
$35.19M – $46.92M (±1% cap)
NOI $2,815,334 @ 7.0% cap · market cap 9.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$63.63M
$55.67M – $74.23M (±1% cap)
NOI $4,453,790 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Bitcoin ATM Fort ... Crypto Atm Ok Food Mart Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76132, TX

26,249
Population
13,906
Households
1.9
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
3,547
Density / Sq Mi
$67,017
Median Household Income
$42,579
Median Earnings
$1,354
Median Rent
$401,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Hulen Square — 6201-6299 Old Granbury Rd, Fort Worth, TX 76133
  • Coin Cloud Bitcoin ATM — 6213 granbury rd, fort worth, tx 76133
  • Nutrition Nation Hulen — 6080 S Hulen St #110, Fort Worth, TX 76132
  • Hulen Pointe — 6207 Oakmont Blvd, Fort Worth, TX 76132
  • Mission One — 6223 Oakmont Trail, Fort Worth, TX 76132, United States

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant community center in Fort Worth, Texas. 94% occupied.
Where is this shopping center located?
The property is located at 6218 Hulen Bend Blvd Fort Worth, TX.
What is the asking price?
The asking price for this property is $31,252,000.
What are key features of this property?
This property features: 94% Occupancy Rate with Future Upside Potential; Anchored by New 10‑Year Leases from Amped Fitness, AMC Theaters, and AW Outlet; Strong Tenant Mix ensures consistent traffic and revenue streams
(972) 755-5225 Call to check price and availability
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