Drive Time 400 N Riverside Dr 5,396 SF Retail Building Fort Worth, TX 76111 $3,400,000 ($630.10/SF) 7.82% Cap Rate

Mercer Company is pleased to exclusively present the opportunity to acquire 400 N Riverside Dr, Fort Worth, TX 76111 (the “Property”). Occupying 2.24 acres of land, this building is a 5,396 square feet auto dealership, operating as a freestanding, single-tenant facility currently leased to Tricolor Auto Group.
Located strategically along Hwy 121, which sees over 90,000 vehicles per day, this property is situated in the heart of a key market area in Fort Worth, TX. It is surrounded by major thoroughfares including N Riverside Dr and other significant highways. Positioned within a vibrant Fort Worth market area, this property experiences strong competition and potential barriers to entry, making it a prime investment opportunity.
Tricolor Auto Group was founded in 2007 with a mission to provide affordable vehicles and loans to individuals with little or no credit history. They specialize in financing quality, late-model, fully-reconditioned cars, trucks, and SUVs, enhancing the property’s value through their established business model. Despite lacking specific historical significance, the location has consistently shown growth. The surrounding market is expansive, with about 228,336 residents within a 5-mile radius and an average household income of $53,322, reflecting a substantial consumer base.