3905 Telephone Rd Lake Worth, TX 76135-2907
This exceptional 24,940-square-foot retail space in Lake Worth, Texas, presents a significant investment opportunity. Currently occupied by a supermarket, the property becomes available on December 31, 2024, offering a blank canvas for a variety of retail uses. Located at 3905 Telephone Rd, 76135, this single-tenant building boasts a highly visible location with a prominent pylon sign, ensuring maximum exposure to potential customers. The building's classification as a supermarket, anchor, and discount store suggests a history of high traffic and strong sales potential. The property is situated adjacent to a smaller retail strip center, creating a synergistic retail environment. There are no restrictions on the future use of the property, allowing for considerable flexibility in redevelopment or repurposing. The substantial square footage provides ample space for a wide range of retail concepts, from large-format stores to multiple smaller tenants. This prime location in Lake Worth offers easy access to major transportation routes and a thriving local community. The property's size and visibility make it an ideal investment for those seeking a high-impact retail presence in a growing market. The upcoming vacancy date provides ample time for planning and preparation for a seamless transition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.