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1005 Norwood St 14,550 sq ft of Retail Space Available in Fort Worth, TX 76107
HIGHLIGHTS
- Located in the heart of Fort Worth's Booming West 7th Cultural District | Multiple Mixed-Use Developments underway within 3 blocks or less
- Population 273,000+ in 5-mile radius | Traffic Counts of 21,890+ VPD | Average HH Income $125,600+ in 1-mile radius
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 14,550 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 14,550 sq ft | Net Internal Area (NIA) | 14,550 sq ft |
| Property Type | Retail | Year Built/Renovated | 1978/2007 |
| Property Subtype | Restaurant | Parking Allocation | 0.41/1,000 sq ft |
| Total Space Available | 14,550 sq ft |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Net Internal Area (NIA) | 14,550 sq ft |
| Year Built/Renovated | 1978/2007 |
| Parking Allocation | 0.41/1,000 sq ft |
ABOUT THE PROPERTY
TREK Investment Group is pleased to offer for lease former Maya Tequila Ranch in Fort Worth, Texas. Situated on the hard corner of Norwood and Morton Streets and one block from University Blvd seeing traffic counts in excess of 21,890 VPD, this newly renovated property is located in the highly desirable Cultural District of Fort Worth. An investor can capitalize on this incredible opportunity situated amongst numerous nightlife and entertainment destinations, national retailers, as well as a high concentration of notable museums, stadiums, and large tourist attractions drawing more than 10.8 Million visitors and a $3+ Billion economic impact annually.
- Dedicated Turn Lane
- Signage
NEARBY MAJOR RETAILERS
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1005 Norwood St
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