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Class-A Mixed-Use Asset in Fort Worth
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Pending

701 W Magnolia Ave, Fort Worth, TX 76104

97% occupied mixed-use asset in Fort Worth's Magnolia Village.

Property Size66,016 SF
Days on Market174

Property Features for 701 W Magnolia Ave

General Information

Standard status Pending
Size 66,016 SF
Class A
Property subtype Office, Retail
Occupancy 97%
Investment Type Core

Building Details

Year Built 2021
Year Renovated 2021
Buildings 3
Stories 4
Listing Agency: Harvest MXD
Listed By: Chris Harden · License #TX 566104
Source: Crexi
Added: Mar 11 Changed: Aug 22 Last Checked: Aug 31 at 1:18AM

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 Harvest MXD

Investment Insights

Based on property information with market context.

The 701 is a 97% occupied, headquarters-quality, class-A mixed-use asset located in Fort Worth’s Magnolia Village. This area is a supply-constrained, health-care anchored urban corridor adjacent to five major hospital systems and one of North Texas’ most concentrated employment clusters. Purpose-built in 2021, the property combines long-duration, contractual cash flow with an 8-year weighted average lease term. It features triple-net commercial leases with embedded annual rent escalations and diversified healthcare tenancy. Positioned within a walkable live-work-dine district supported by essential-employment density and sustained institutional capital investment, The 701 benefits from Magnolia Village office vacancy of approximately 5% versus roughly 18% across the broader DFW Metroplex. The 701 represents next-generation, differentiated, mixed-use office exposure within a bifurcated market increasingly rewarding location, tenancy quality, and income durability. The property size is 66016 square feet.

Key Highlights

  • 97% occupied Class‑A mixed‑use asset in Fort Worth's Magnolia Village.
  • Located in a supply‑constrained urban corridor near major hospitals and employment clusters.
  • Features long‑duration, triple‑net commercial leases with an 8‑year weighted average lease term and annual rent escalations.

Property Analytics

Current Use

701 Parking Garage Parking Lot & Garage Walloon's Restaurant Restaurant Robinson Dumpster Rental Waste Management Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Locksmith Pet Store Pet Store & Service

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

4,856
Businesses Nearby

Demographics for 76104, TX

21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value

Market

Vacancy Rate% for Office in Fort Worth, TX

11.4% 2019
13.5% 2020
12.1% 2021
13.5% 2022
12.7% 2023
13.1% 2024
11.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 97% occupied mixed-use asset in Fort Worth's Magnolia Village.
Where is this mixed-use property located?
The property is located at 701 W Magnolia Ave Fort Worth, TX.
What are key features of this property?
This property features: 97% occupied Class‑A mixed‑use asset in Fort Worth's Magnolia Village.; Located in a supply‑constrained urban corridor near major hospitals and employment clusters.; Features long‑duration, triple‑net commercial leases with an 8‑year weighted average lease term and annual rent escalations.
More about this property
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