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Property profile & analytics
OFF-MARKET Estimated value $1,145,000
Retail space

3569 Ctr Dr Fort Worth, TX 76135-3613

15,965 SF 1.65 ac lot Built 2020
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-7376986
Property summary
AI-generated overview

This exceptional investment opportunity presents a 16,000-square-foot, two-story storefront in Lake Worth, Texas. Located at 3569 NW Centre Dr, 76135, this property sits on a 1.62-acre lot and boasts a 6.00% cap rate. Built in 2020, the building is currently 100% occupied by a single tenant, Harbor Freight Tools, under a Net Lease (NNN) agreement. The lease, with a corporate guarantee and investment-grade credit, extends until July 30, 2035, offering a remaining term of 10.7 years. Rent increases are built in, with a 10% bump every five years, ensuring consistent income growth. The property generates a substantial Net Operating Income (NOI) of $386,080 annually. This is a prime retail location in a growing Fort Worth suburb, offering minimal landlord responsibilities and significant long-term value. The tenant's strong financial performance and the property's excellent location make this a compelling investment opportunity in a thriving retail corridor. The property's strong financials, long-term lease, and built-in rent increases provide a stable and secure investment for years to come. This is a rare chance to acquire a high-quality, net-leased property with a well-established tenant in a desirable market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2020
Total area 15,965 SF
Lot 1.65 ac (71,700 SF)
APN 31256L-13-2
UPID US82-7376986
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.15M
Owner & transaction history
Eagandale Partners LP · 1 yrs held
Eagandale Partners LP
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.7M +83.4%
Medical building $1.4M +50.2%
Auto repair, garage $1.4M +45.3%
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