Overview
175,153 SF Community Center For Sale
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.
