1510-1514 W Magnolia — Sale in Fort Worth, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fort Worth, TX 76104
- Year built: 1935
Photos
Description
Marcus & Millichap is pleased to exclusively present the opportunity to acquire 1510-1514 W. Magnolia, an investment package including 2 buildings with a total of 10,634 square feet, situated on 0.36 acres across West Magnolia Avenue in Fort Worth, Texas. The subject property offers a rare value-add portfolio acquisition opportunity, offering a blend of stability with newly executed long-term leases, as well as substantial upside with a number of short-term leases at below-market rents. With very few new construction projects in the immediate pipeline, occupancy has remained close to 96 percent in the Near Southside submarket. Additionally, average rents for the tenants in this submarket have grown approximately 12 percent over just the past three years, providing tremendous growth potential through lease-up of assets with long-term leases coming due in the new future. 1510-1514 W. Magnolia offers the strategic opportunity to control several primary hard corners along West Magnolia Avenue, including two prime signalized hard corners on West Magnolia and South Hemphill. This urban core investment package is located in the heart of the rapidly transforming Near Southside and Medical Districts, with immediate access to downtown Fort Worth. The properties also provide convenient access to major thoroughfares, including Interstate 30 and Interstate 35 West. The Near Southside/Medical District is anchored by five major medical institutions including Baylor Scott & White, Cook Children’s, JPS Health Network, Medical City Healthcare, Texas Health Resources, and UT Southwestern. The area is also the new home to Texas Christian University’s Burnett School of Medicine campus. The new construction four-story campus building is approximately 100,000 square feet, designed to accommodate over 240 medical students, and is located at the northeast corner of South Henderson and West Rosedale. The Near Southside is Tarrant County’s second largest employment hub with approximately 30,0
Market Context
This retail in Fort Worth, TX is listed for sale. The building dates to 1935. Compare it against other retail listings for sale in Fort Worth, TX — view the full market.
As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Dallas / Fort Worth?
- About 6.8% as of Q4 2025, per multiple brokerage reports.
- Is the Dallas / Fort Worth retail market tightening or softening?
- Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).
Contact
- Joe Santelli · (972) 755-5282 · joe.santelli@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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