Handley Center — Sale in Fort Worth, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fort Worth, TX 76112
- Year built: 1972
Photos
Investment Figures
- Cap rate
- 7.55%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to offer this multi-tenant retail investment opportunity in Fort Worth, Texas. The subject property is located at the signalized intersection at Meadowbrook Drive and Handly Drive with combined average daily traffic of more than 74,000. The building was constructed in 1972 and consists of 6,860 square feet of retail space and sits on 0.77 acres of land. It has excellent 50 parking spaces at 7.3:1,000 square feet of building. The property provides easy access to I-30, I-820, TX-180. The three tenants are all on triple-net lease with only $0.78 per square foot base rent with potential to increase rents for future tenants. Tenants pay for their own water and electricity for easy management. This is an excellent opportunity to acquire a bite size property for a potential for re-development or further stabilization with façade and overall remodel. Investment Highlights: • Priced at Below Replacement Cost • 100% Occupancy with Lease Expiration in 2030 and 2031 • All NNN Tenants • Large Land for Potential Re-development • Located at the signalized intersection with combined average daily traffic of more than 74,000
Market Context
This retail in Fort Worth, TX is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1972. 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.
Its 7.5% asking cap rate is above the Dallas / Fort Worth retail market average of about 6.8%, implying a higher yield (and typically more risk or upside) than comparable assets. 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
- William Kim · (972) 755-5283 · william.kim@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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