Property profile

6420 Denton Hwy Watauga, TX 76148

OFF-MARKET
Strip malls
Property ID
US82-2306342
14,250 SF 0.93 ac lot Built 1986
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the thriving Windsor Shopping Center at 6420 Denton Hwy, Watauga, TX 76148, within Tarrant County. The property, built in 1986, offers a total of 12,732 square feet across a single story building situated on a 0.99-acre lot. Two retail spaces are currently available, ranging in size from 1,203 to 1,543 square feet, ideal for a variety of businesses. Each space is fully built out as standard retail space and is in excellent condition, offering a versatile floor plan adaptable to various retail or service-oriented businesses. The property boasts 39 parking spaces, ensuring ample customer convenience. The highly visible location along Denton Highway provides excellent exposure for your business. The lease rate does not include utilities, property expenses, or building services. This property presents a fantastic chance to establish or expand your business in a well-maintained, established shopping center with strong visibility and convenient parking. The property is situated in-line with other retail businesses, creating a synergistic environment. This is a prime opportunity to secure a retail space in a desirable location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 14,250 SF
Lot 0.93 ac (40,376 SF)
APN 16300-12-C2
UPID US82-2306342

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Vocational School
  • Employment Agency
  • Hardware & Home Improvement Building Supply
  • Loan Service
  • (Bike/Boat/Book/etc) Store

Location

6420 Denton Hwy Watauga, TX 76148-2539
Watauga metro Census 113809 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$567k
Blend (final) Blend
$540k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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