7032 Blue Mound Rd Fort Worth, TX 76131-4818
This exceptional 15,789-square-foot shopping center in Fort Worth, Texas, presents a compelling investment opportunity. Built in 2022, this fully stabilized, multi-tenant property boasts a 100% occupancy rate with seven tenants, including Jeremiah's Italian Ice, Wayback Burgers, Liquor Cave, Hoshi Ramen, Scenthound, Safe Splash Swim School, and Jamba Juice/Auntie Anne's. All leases are triple-net (NNN) with built-in rent increases, ensuring consistent year-over-year income growth. The property features attractive architecture, a concrete parking lot, and two end-cap suites with drive-through windows. Strategically located on 2.13 acres at 7032 N Blue Mound Rd, Fort Worth, TX 76131, near the intersection of Blue Mound Road and Basswood Boulevard, it benefits from excellent visibility and accessibility with multiple ingress and egress points. Daily traffic counts exceed 39,515 vehicles, further enhanced by the high traffic volume of approximately 143,000 vehicles per day on Blue Mound Road. The property is situated within a thriving retail corridor, adjacent to established businesses such as Burger King, Salad and Go, Brakes Plus, and AutoZone, and near a variety of national and regional retailers including Kroger, CVS, and many others. The area demonstrates strong demographics, with an average household income exceeding $97,000 within a three-mile radius and a population of approximately 259,437 residents within five miles. Future development plans in the area include a fitness center and Academy Sports + Outdoors, promising continued growth and increased property value. The asking price is $8,484,266, representing a 6.00% capitalization rate and a price per square foot of $537.35. The property's Net Operating Income (NOI) is $509,056. This is a rare opportunity to acquire a high-performing retail asset in a rapidly growing area of Fort Worth.
-
Jeremiah's Italian Ice Grocery & Convenience Store Specialty Food Shop
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.