6116 Lk Worth Blvd Lake Worth, TX 76135-3703

Property Details for 6116 Lk Worth Blvd

Year built

2021

Lot size

1.26 lot acres

Property size

12,100 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

3670-4-2R1

APU

367042R1

Description

This exceptional 11,900-square-foot retail shopping center in Lake Worth, Texas, presents a compelling investment opportunity. Built in 2021, the single-building property sits on a 0.74-acre lot at 6116 Lake Worth Blvd, 76135, offering convenient access to major highways like Highway 820 and Highway 199. The center is currently 100% occupied by five diverse tenants, each with a multi-year lease featuring annual rent increases, ensuring a stable and growing income stream. This modern facility boasts low maintenance costs due to its recent construction and benefits from its strategic location just ten miles west of downtown Fort Worth, providing high visibility and accessibility for customers. The strong tenant profile, combined with the long-term leases and built-in rent escalations, creates a predictable and appreciating cash flow, making this an attractive addition to any investment portfolio. The property offers a significant yield with considerable upside potential. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving Texas market. The property's location within a key economic corridor guarantees high traffic and visibility, maximizing the potential for sustained revenue growth. The consistent rental income, coupled with the property's modern amenities and prime location, makes this an ideal investment for those seeking a stable and appreciating asset.

Location Insight

City

Lake Worth

County

Tarrant

State

Texas

Longitude

-97.4156

Latitude

32.8075

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments