6700 Denton Hwy Watauga, TX 76148-1905

Property Details for 6700 Denton Hwy

Year built

1985

Lot size

2.45 lot acres

Property size

23,077 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

16300-23R

APU

1630023R

Description

Greenfield Plaza, located at 6700 Denton Hwy in Watauga, Texas, 76148, presents a compelling retail investment opportunity. This single-story, 1980-built center sits on 2.45 acres and boasts a prime location at the highly visible, signalized intersection of Denton Highway and Chapman Road, experiencing over 106,000 vehicles per day. The property's strategic position between Loop 820 and North Tarrant Parkway, key area thoroughfares, further enhances its accessibility and visibility. Currently, three spaces are available, ranging from 1,650 to 5,990 square feet, offering flexibility for various retail or office uses. The center features a dedicated turn lane and ample parking. Previous tenants include a spa/salon, fitness center, and a staffing agency, leaving behind adaptable spaces with existing build-outs. The property is zoned LB and benefits from a strong neighborhood-focused tenant mix, including services, dining, and pet services, catering to a dense residential area. The property's CoStar rating is 3 stars, and the motivated ownership offers affordable rent and NNN expenses compared to the surrounding area. Two rear restrooms and individual suite access add to the convenience. High traffic counts (39,000+ VPD in 2020) underscore the property's potential. This is an exceptional opportunity to acquire a well-located retail center in a thriving Tarrant County market.

Location Insight

City

Watauga

County

Tarrant

State

Texas

Longitude

-97.2622

Latitude

32.8682

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments