Property Name

Uptown Cheapskate 3-Tenant Retail Center

Price
$
3,775,000
NOI
$
235,975
Occupancy
100
%
Cap Rate
6.25
%
GLA
9,770 SF
Lease Type
NNN
Year Built
2009
Description

▪ Complementary Tenant Mix with Uptown Cheapskate, Children’s Art Classes and Bricks & Mini Figs with Average Base Lease Expiration of October 2034
▪ Below Market Rents Averaging Just $24.15 PSF NNN with Comparable Retail Space Leasing in the $30’s PSF NNN
▪ Uptown Cheapskate Recently Relocated to the Property for Larger Suite to Accomodate for Increased Business in this Market
▪ Highly Relevant Bricks & Minifigs Collectibles/Entertainment Concept Increasing in Popularity for All Ages; Significant Franchise Area Includes Roanoke, Trophy Club, Westlake, Parts of Keller, Fort Worth, Watauga & Blue Mound

▪ Across from H-E-B Grocery Company, LP Owned Land; 430+ Stores Throughout Texas & Mexico, 154,000 Employees & $38.9
Billion in Reported Revenue for 2022
▪ Moments from Watauga Towne Shopping Center & Watauga Towne Center; Combined 196,400+ SF of Retail GLA Anchored by Target, Marshalls, Dollar Tree, Petco & Fitness Connection
▪ Close Proximity to Tarrant County College (Northeast Campus) Over 47,000 Students Enrolled in 2024 Across 6 Campuses & One of the Largest Community Colleges in Texas