Walgreens

• Downtown Fort Worth — Located in the Fort Worth CBD, the property sits within blocks of Sundance Square, Bass Performance Hall, the Convention Center, and Tarrant County Courthouse. Fort Worth recently surpassed 1.05M residents, ranking as the 11th largest U.S. city and anchoring the DFW MSA — the 4th largest metro with 8.5M+ residents. Despite its urban core location, the 1-mile population is projected to grow 7.66% through 2030, highlighting strong residential densification.
• Zoning: “H” — Central Business District — The highest-intensity zoning in Fort Worth, allowing all commercial, retail, hospitality, multifamily, and mixed-use with no height limits or restrictive area regulations. Reserved exclusively for the Downtown CBD, this zoning is rare and irreplaceable in the market.
• Major Developments Nearby — The property is positioned within a $1B+ hospitality and $500M multifamily development pipeline, delivering ~4,000 units and 1,500 hotel rooms. Notable projects include: the $606M Convention Center expansion (Phase I complete early 2026); $217M Omni Hotel expansion (400 rooms); Deco 969 (27 stories, 302 units); Texas A&M Fort Worth campus; Panther Island (15-story zoning, $12.4M canal, 300 units); and Westside Village (37 acres, 100,000 SF office, 308 units).
• Major Medical District — Within just over a mile of three major hospitals: John Peter Smith (573 beds, Level I Trauma, 5,000+ employees), Baylor Scott & White All Saints (538 beds, 195,000+ patients annually), and Cook Children’s (443 beds, 1M+ annual patient encounters across 60+ clinics).
• Below Market Rent — In-place rent of $18.99/SF is 19.1% below the $23.47/SF market rate for comparable 10,000–20,000 SF retail spaces within a half-mile radius (CoStar).
• High-Visibility Location — Positioned at a signalized intersection with ±40,800 VPD. Located 0.4 miles from I-30 (165,000+ VPD) and within 1 mile of I-35W (194,000+ VPD), offering strong regional accessibility and visibility.
• Affluent Community — Serves a high-income trade area with average household income exceeding $105,000 within a 1-mile radius, supporting strong retail demand.
• Income Tax-Free State — Texas is one of nine states with no state income tax, enhancing its favorable economic environment.