Trey Bruning- +1(214) 797-7119 [email protected]
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$ 1,600,000
Est. payment /mo
New
2225 Haltom Rd Haltom City, TX 76117
1.23 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Burkitt'S, G W Subdivision
MLS Listing ID 21411384
Total Fin. Sqft 16600
Year Built 1988
Annual Tax Amount $29,612
Lot Size 1.229 Acres
Acres 1.229
Property Sub-Type Retail
Property Description
Well-positioned multi-tenant retail investment opportunity on Haltom Road in Haltom City. The approximately 16,936 SF neighborhood shopping center is nearly 90% stabilized, offering investors an attractive combination of in-place income, established tenancy and additional upside through lease-up and future rent growth.
The property is anchored by Bluebonnet Cafe, a long-standing and well-recognized local restaurant that has served the Haltom City community for more than 30 years. Its established history and local following provide the center with a recognizable anchor tenant and a level of tenant continuity that is increasingly difficult to replicate in neighborhood retail assets.
Situated on approximately 1.23 acres along the established Haltom Road commercial corridor, the center offers strong street visibility, convenient ingress and egress, and ample on-site parking with more than 50 spaces. The multi-tenant configuration supports a variety of retail, restaurant, service and neighborhood commercial uses and benefits from its proximity to surrounding residential neighborhoods, employment centers and major regional thoroughfares.
With approximately 90% occupancy, the property provides immediate cash flow while preserving value-add potential through the lease-up of remaining space, future rental increases and continued operational improvements. The combination of a stabilized tenant base, a long-standing anchor tenant, strong parking and a central Tarrant County location makes 2225 Haltom Road a compelling opportunity for investors seeking a neighborhood retail asset with both current income and future upside.
Property is being offered as-is. Buyer and buyer's agent to independently verify all property information, including square footage, acreage, zoning, allowable uses, leases, occupancy, parking, operating expenses and financial information.
Properties similar to this in Haltom City, rarely become available.
The property is anchored by Bluebonnet Cafe, a long-standing and well-recognized local restaurant that has served the Haltom City community for more than 30 years. Its established history and local following provide the center with a recognizable anchor tenant and a level of tenant continuity that is increasingly difficult to replicate in neighborhood retail assets.
Situated on approximately 1.23 acres along the established Haltom Road commercial corridor, the center offers strong street visibility, convenient ingress and egress, and ample on-site parking with more than 50 spaces. The multi-tenant configuration supports a variety of retail, restaurant, service and neighborhood commercial uses and benefits from its proximity to surrounding residential neighborhoods, employment centers and major regional thoroughfares.
With approximately 90% occupancy, the property provides immediate cash flow while preserving value-add potential through the lease-up of remaining space, future rental increases and continued operational improvements. The combination of a stabilized tenant base, a long-standing anchor tenant, strong parking and a central Tarrant County location makes 2225 Haltom Road a compelling opportunity for investors seeking a neighborhood retail asset with both current income and future upside.
Property is being offered as-is. Buyer and buyer's agent to independently verify all property information, including square footage, acreage, zoning, allowable uses, leases, occupancy, parking, operating expenses and financial information.
Properties similar to this in Haltom City, rarely become available.
Location
State TX
County Tarrant
Zoning Commercial
Direction From Hwy 121 north on Haltom Road, subject property on your left just before Denton Highway.
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Combination
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Flat
Garage No
Building
Foundation Slab
Structure Type Frame,Stucco
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21411384
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Listed by Scott Wooley • Chase Realty DFW