9541 Clifford St

CBRE is pleased to offer to the market this AutoZone Ground Lease property well positioned in a dense retail location.  The lease is absolute net with approximately 5 years remaining on an original 20-year term.  CBRE Location Intelligence is reporting sales of nearly $2M per year which provides for a low rent-to-sales ratio.  The property is well positioned, with great visibility and access, near the corner of Clifford Street and White Settlement Road, reporting annual traffic counts of more than 23K vehicles per day. The site is perfectly suited to the local demographics which provide for a population of more than 122K people within a 5-mile radius and average household incomes of approximately $92K per year.  Additionally, it is reported that 98.2% of households within a 1-mile ring of the property own at least one vehicle.

The property is well situated on the corner of Clifford Street and White Settlement Road just West of the freeway on/off ramps at the convergence of White Settlement Road, W Loop 820 S, and I 820.    The property is highly visible from Clifford Street with excellent ingress/egress.  The site is surrounded by more than 35 national retailers within one mile of the site including a Walmart Supercenter, The Home Depot, Albertsons, ALDI, a Ford Dealership, Walgreens, CVS, Chase Bank, McDonald’s, Chili’s, Arby’s, Sonic, Taco Bell,  Wendy’s, Dunkin Donuts, Burger King and More.

The new Silver Creek Business Park, located across the street from the property and behind the Walmart, is part of a 520 acre business park to include 6.5 million square feet of build out and will start rolling out completions in Q2 of 2023. The development is called Majestic Silver Creek Business Park and is led by Majestic Realty. “If anyone is bullish on Fort Worth, it’s Majestic,” said the company’s senior vice president, Kyle Valley. “And we’re extremely bullish on west Fort Worth. At a time when some are choosing to pump the brakes just a bit, we’re going full throttle with more than 200 acres of infrastructure work underway, best-in-class buildings with large-scale development continuing in south Fort Worth, and a monster project to the west that signifies the true opening of a new submarket.”