Marcus & Millichap has sold a high-profile retail property in Fort Worth – Shoppes at Camp Bowie, a 16,269-square foot site, according to Hernando Perez, sales manager of the firm’s Fort Worth office. Philip Levy, first vice president investments in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, an individual/personal trust, was also secured by Levy.
Shoppes at Camp Bowie is located at 6370 Camp Bowie Blvd. The center is a 16,269-square foot multi-tenant retail center, 100 percent occupied, and all leases are triple net. Tenants consist of Chipotle, Jimmy John’s, Zinga! Frozen Yogurt, Lemongrass Salon, Pie Five, Sumits Yoga and AT&T. The building was constructed in 2011 and sits on 1.73 acres.
According to Tarrant Appraisal District records, the property has an appraised value of $5.6 million and the property owner was CM Camp Bowie LLC of Dallas.