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Property profile & analytics
FOR SALE
Shopping centers

6218 Hulen Bend Blvd Fort Worth, TX 76132

139,921 SF Built 1985
Property ID
US82-Q082744
Property summary
AI-generated overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 139,921-square-foot, multi-tenant community center located in Fort Worth, Texas. The center is currently 92 percent occupied, with 48 percent of the gross leasable area under triple-net leases, providing future upside potential. Anchored by a new 10-year lease with Amped Fitness, AW Outlet, and Dollar Tree, the tenant base is a complementary mix of largely internet-resistant businesses, including 3D Smokehouse, Marco's Pizza, Hulen Smiles, Dickie's BBQ, Barbershop, Octopharma Plasma, Glamor Wigs, Feng Cha, Amazing Nails, Army Navy, MaharaJa Indian Restaurant, Great Clips, OK Food Mart, Elegance Events, Massage, Jerusalem Market, Lash Supply, Cru Restaurant, and others. The buildings are situated on a large 9.98-acre parcel with ample paved parking, and a double-sided monument sign faces Hulen Street providing additional exposure to the center. Landlord reports a new roof was installed on all buildings in 2022 with a 20-year warranty. Hulen Pointe is located on Hulen Bend Boulevard at the signalized intersection with South Hulen Street just less than a mile of Chisholm Trail Parkway. Cumulative traffic counts exceed 65,177 vehicles per day. Hulen Pointe is in close proximity with Hulen Mall, a diverse-scale shopping mall in southwest Fort Worth. Hulen Mall features more than 127 specialty shops and stores and is anchored by Macy's and Dillard's. The center is located in a dense retail trade area, neighbored by numerous national and regional tenants including Haverty's Furniture, Fitness Connection, Mardel Christian & Education, ALDI, AutoZone Auto Parts, Half Price Books, Floor & Decor, Men's Wearhouse, Guitar Center, Uptown Cheapskate, Total Wine & More, Hobby Lobby, and many more. The property is well positioned to serve a dense residential area with a population exceeding 262,497 residents within a five-mile radius, and an average household income of $93,147 within a three-mile radius, and $90,462 within a five-mile radius.

Property profile
Verified
Property type Shopping centers
Year built 1985
Total area 139,921 SF
UPID US82-Q082744
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
  • Bitcoin ATM Fort Worth - Coinhub Crypto Atm Currency Exchange Service
  • Ok Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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