Vic Meyer 8177101113
Jake Neal 8176067820

CVS Specialty 426 S Henderson St 6,500 SF Retail Building Fort Worth, TX 76104 $2,650,000 ($407.69/SF) 6.48% Cap Rate

INVESTMENT HIGHLIGHTS

High-Growth: The metro is expected to add nearly 290,200 people through 2025, resulting in the formation of roughly 118,200 households.
Situated in Fort Worth’s bustling Near Southside neighborhood, it is ideally positioned within a rapidly growing medical and office corridor.
Office and medical office vacancy rates in the Near Southside district have remained relatively low compared to broader Fort Worth submarkets.

426 S Henderson St represents a prime investment opportunity in Fort Worth’s dynamic Near Southside.
The demand for medical office space in Fort Worth is strong, driven by the city’s increasing population & the ongoing expansion of healthcare services
The Near Southside’s profile as a preferred location for office and medical tenants is expected to grow.

EXECUTIVE SUMMARY

The property at 426 S Henderson St is located in the heart of Fort Worth’s thriving Near Southside district. The building is anchored by CVS, a nationally recognized healthcare provider, which lends stability and high visibility to the property.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

6,500 SF

Building Class

Year Built

1990

Price

$2,650,000

Price Per SF

$407.69

Cap Rate

6.48%

NOI

$171,600

Tenancy

Single

Building Height

1 Story

Building FAR

0.51

Lot Size

0.29 AC

Parking

20 Spaces (3.08 Spaces per 1,000 SF Leased)

Frontage

119’ on South Henderson Street

AMENITIES

Corner Lot

Signage

MAJOR TENANTS

Retailer
-
-
-

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF			LEASE END
	Retailer	-	-			-

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
S Henderson St	W Tucker St, S	21,321	2022	0.05 mi
S Adams St	W Daggett Ave, N	607	2022	0.16 mi
W Daggett Ave	S Henderson St, W	1,489	2022	0.16 mi
S Adams St	W Daggett Ave, S	941	2022	0.20 mi
Pennsylvania Ave	College Ave, W	8,861	2022	0.21 mi
Pennsylvania Ave	S Ballinger St, E	12,425	2018	0.21 mi
W Daggett Ave	College Ave, E	718	2022	0.22 mi
S Summit Ave	Summit Ave, NE	21,618	2022	0.24 mi
I- 30	Summit Ave, NE	5,526	2022	0.27 mi
S Henderson St	W el Paso St, N	22,406	2022	0.30 mi