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- LoopNet Team
1700-1760 Mall Cir
Fort Worth, TX 76116
The Shops At Ridgmar · Retail Property For Sale
Investment Highlights
- Value-Add Opportunity | Currently 85% Occupied | Pro Forma Cap Rate is 8.11%
- Tenant Base is a Complementary Mix of Restaurants, Retail, and Service-Oriented Businesses
- Eight Miles West of Downtown Fort Worth
- Recent Improvements to the Property Include New Roof, New Concrete Parking Lot, Building Repainted, and New AC Units
- Athletic Apex Health Club is Slated to Open in Ridgmar Mall in 2020 | Recognized as One of the Best New Brands in the Industry
- Close Proximity to Lockheed Martin and the Naval Air Station Fort Worth Joint Reserve Base (NAS JRB), Two of Fort Worth's Major Employers
PROPERTY FACTS
Amenities
- Dedicated Turn Lane
About 1700-1760 Mall Cir , Fort Worth, TX 76116
The Shops at Ridgmar is a 40,627-square foot, value-add, multi-tenant retail center in Fort Worth, Texas. The center is currently 85 percent occupied, and all current leases are triple-net. The tenant base is a complementary mix of restaurants, retail, and service-oriented businesses. Tenants include Elegant Image, Pho's Little Saigon, Merle Norman, Sewing World, The Fish Place, Just 4 U Watch & Jewelry Repair, Tommy's Burgers & Brews, Armstrong McCall, Mom's Mums and More, Weight Watchers, Savage Health & Wellness, Flawless Fitness, and Woody's. Constructed in 1983, the building is situated on a 3.3-acre lot.
PROPERTY TAXES
| Parcel Number | 02445735 | Improvements Assessment | $3,894,512 |
| Land Assessment | $862,488 | Total Assessment | $4,757,000 |
PROPERTY TAXES
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