701 W Magnolia Ave
Fort Worth, TX 76104
The 701 · Property For Lease

The gateway to Magnolia Village, The 701 is a historic multi-building revitalization project offering retail, office, and medical space in Fort Worth's popular and fast-growing entertainment district, Near Southside. The mixed-use development includes the renovation of two office/retail buildings and a new three-story office/medical building with ground-floor retail and restaurant opportunities. Connecting the buildings is La Cava Lane, a stylishly designed pedestrian walkway along a line of restaurants and boutique shops with lush landscaping and outdoor seating. Taking advantage of the more than 1,400 multifamily units within a half-mile, The 701 allows nearby residents to embrace a walkable lifestyle in its ornately designed thoroughfares, enticing them to its shops and eateries. For vehicular visitors, the on-site parking garage provides hassle-free travel for a day at The 701, a rare luxury in Magnolia Village. Strategically located two miles south of Downtown Fort Worth between the city's five major hospitals, The 701 offers businesses of all types an unmatched destination. Medical tenants can walk to John Peter Smith Hospital in just over 10 minutes and reach the other four in less than five minutes by car, making this ideal for health care support services. With 30,000 employees working in Near Southside, the area is the largest employment center in Tarrant County outside Downtown Fort Worth. The upscale employment opportunities have led to a robust consumer base with an average household income of $81,136, contributing to over $1.2 billion in annual consumer spending within a three-mile radius. Magnolia Avenue is the centerpiece revitalization project of the Near Southside. Today, the district optimizes work-live viability and main street appeal while benefiting from proximity to historic neighborhoods and the medical district. On Magnolia Avenue, every type of food can be found, from tacos and pizza to Thai food and from fine dining to satisfying grab-and-go fare. Live music and retail shops keep popping up alongside cocktail bars, pubs, and coffee shops.