Current Use by Public Records
- Lifestyle centers
Property Details for 702 Saginaw Blvd
- Year built
- 1976
- Lot size
- 3.58 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents the Saginaw Shopping Center, a well-established 14,160 square foot retail center located at 702 S Saginaw Blvd, Saginaw, TX 76179. Built in 1976, this multi-tenant property boasts eight current tenants and offers a strong net operating income (NOI) of $227,350. The asking price is $2,975,000, translating to $210.10 per square foot. Situated on a 3.58-acre lot, the center provides ample parking with 120 spaces to accommodate customers. The property benefits from a high volume of daily traffic exceeding 30,000 vehicles per day, and its location north of Loop 820 on S Saginaw Blvd places it just minutes from Fort Worth's Stockyards, ensuring high visibility and accessibility. The center is zoned "F1" General Commercial, offering flexibility for future development. Recent leasing activity includes three new tenant signings, demonstrating strong market demand. The property features an open floor plan and is offered as a turnkey option. There is up to 1,110 square feet of contiguous space available with excellent frontage and visibility, ideal for expansion or new tenants. This property presents a compelling investment opportunity in a thriving retail market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saginaw
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3613
- Latitude
- 32.852
