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    2005 Riverside Dr Fort Worth, TX 76111

    Sponsored
    For Lease
    $8 SF/Yr ($11,200 /Mo)

    Fort Worth retail space, newly renovated.

    Lot size:
    16,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,800 square foot retail center, located at 2005 N Riverside Dr, Fort Worth, TX 76111, in Tarrant County, presents a unique investment opportunity. The property, classified as Class B, underwent a complete renovation in 2023 and boasts four suites available for lease. Space options range from a minimum of 1,316 square feet to a maximum contiguous space of 7,272 square feet, offering flexibility for various business needs. The center's diverse subtype allows for retail, storage, church, or events center uses. Situated on 1.7 acres of land, the center benefits from a prime location at the intersection of N Riverside Drive and Springdale Road, ensuring high visibility and accessibility. N Riverside Drive, a major north-south thoroughfare in Fort Worth, guarantees substantial traffic flow, providing excellent exposure for tenants. The property's multiple tenancy structure offers a diverse tenant mix, enhancing the overall value and stability of the investment. This recently renovated center is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a high-traffic location in a thriving Fort Worth neighborhood.

    Property Features for 2005 Riverside Dr

    General Information

    Property type
    Churches & religious facilities
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,800 SF
    Class
    B
    Total Rate
    11200

    Building Details

    Year Renovated
    2023

    Unit(s) available at that property

    Space
    Suite 117
    Size
    1,317 SF
    Rate per SF
    $18
    Space
    Suite 111
    Size
    1,316 SF
    Rate per SF
    $18
    Space
    Suite 113
    Size
    1,316 SF
    Rate per SF
    $18
    Space
    Storage Suite 119
    Size
    3,323 SF
    Rate per SF
    $12

    HighLights

    • 16,800 SF Class B retail center in Fort Worth, TX, completely renovated in 2023.
    • Four suites available for lease, ranging from 1,316 SF to 7,272 SF contiguous.
    • Suitable for retail, storage, church, or event center uses.
    • Located on 1.7 acres at N Riverside Dr & Springdale Rd intersection, offering high visibility and accessibility.
    • Multiple tenancy structure provides diverse tenant mix and investment stability.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM (ATM Link, ... Atm U-Haul Neighborhood Dealer Trailer Rental Service Taco palacio Restaurant Kwik Mart 110 Gas Station

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.301587805304
    Latitude
    32.788428211901

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    FAQs

    What type of property is this?
    Church & religious facility - Fort Worth retail space, newly renovated.
    Where is this church & religious facility located?
    The property is located at 2005 Riverside Dr Fort Worth, TX.
    What is the lease rate?
    The lease rate is $12-$18 SF/Yr.
    What are key features of this property?
    This property features: 16,800 SF Class B retail center in Fort Worth, TX, completely renovated in 2023.; Four suites available for lease, ranging from 1,316 SF to 7,272 SF contiguous.; Suitable for retail, storage, church, or event center uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Riverside Dr Fort Worth, TX 76111
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