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7th St. & Carroll St Fort Worth, TX 76107

OFF-MARKET Retail properties & Spaces Google Maps
291,121 SF
Estimated value
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Property ID

Property summary

AI-generated overview

Montgomery Plaza offers exceptional retail opportunities in the vibrant West 7th Street district of Fort Worth, Texas. This mixed-use development boasts a total of 291,121 square feet, featuring 4 suites with a minimum divisible space of 916 square feet and a maximum contiguous space of 4,567 square feet. Currently, 8,833 square feet are available for lease. The property is situated at the intersection of W. 7th St. & Carroll St., in Tarrant County, zip code 76107. Ample parking is provided with 1,702 spaces. The development includes popular anchor tenants such as Ross Dress for Less, Marshalls/HomeGoods, and PetSmart, creating a thriving retail environment. The property's unique character stems from its historical roots: the original 1928 Montgomery Ward store and catalog building, a beautifully preserved architectural landmark, has been thoughtfully integrated into the modern development. Converted in 2004, the upper floors now house 240 luxury condominiums, adding to the property's vibrant community. A striking six-story central opening creates an 80-foot promenade, ideal for shopping and dining. The location benefits from proximity to over 1,000 additional residential units, ensuring a high volume of foot traffic. This presents a rare opportunity to establish a presence in a dynamic, well-established, and historically significant Fort Worth location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 291,121 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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