Harmon Village — Sale in Fort Worth, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fort Worth, TX 76177
Photos
Investment Figures
- Cap rate
- 6.25%
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
Harmon Village is a fully occupied, 17,708-square-foot, multi-tenant retail center located in a high-growth area in the northern portion of Fort Worth, Texas. Anchored by WellMed, a leading healthcare provider, the tenant base is a complementary mix of service-oriented businesses including Bella Smiles Dental and Donut King. All leases are triple-net, and all leases include options for renewal. The building was constructed in 2018 with modern elements and sits on approximately 3.42 acres with a concrete parking lot. Harmon Village is located on Harmon Road near the roundabout intersection with Heritage Trace Parkway with close proximity to Interstate 35 West, which is a major north/south thoroughfare in the city carrying more than 104,141 vehicles per day. The center is in close proximity to numerous national and regional retailers, including Target, At Home, Ross Dress for Less, Costco, ALDI, Petco, Dollar Tree, HomeGoods, WinCo Foods, Marble Slab Creamery, Outback Steakhouse, Chuy’s, Smoothie King, Chick-fil-A, Best Buy, ULTA Beauty, and many more. The subject property is also less than a mile from The Citadel, a master planned development currently under construction, situated on 89 acres that upon completion will feature office space, apartment homes, outdoor pursuits, and diverse hospitality, retail and dining opportunities. The property further benefits from its proximity to AllianceTexas, a 27,000-acre master-planned development that serves as a major regional employment hub, driving significant daytime population and sustained consumer demand. Investment Highlights: • FULLY STABILIZED, THREE-TENANT RETAIL CENTER • MEDICAL-ORIENTED TENANT BASE (93% OF GLA), ANCHORED BY WELLMED CLINIC • BELOW-MARKET RENTS • STRATEGIC LOCATION NEAR ALLIANCETEXAS, A PREMIER ECONOMIC ENGINE
Market Context
This retail in Fort Worth, TX is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. 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 6.2% asking cap rate is below the Dallas / Fort Worth retail market average of about 6.8%, reflecting premium pricing relative to 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
- Philip Levy · (972) 755-5225 · philip.levy@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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