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Victory Shops atBasswood
Ft Worth, Tx
WELCOME TO OURFORT WORTH
THE OPPORTUNITYVictory Shops at Basswood is an opportunity to take advantage of an upcoming transformation of the immediate trade area. With significant residential growth, this site is strategically positioned for a retailer to capture an underserved increasing population.
Property Highlights:• Grocery anchored development located at the SEC of N. Blue
Mound Rd (Hwy 156) and Basswood Blvd in North Fort Worth just West of IH-35
• Across the street from Kroger Signature and Saginaw High School with an attendance of 2,000+ students
• Access to three major highways - less than one and a half miles to I-35, three miles from Hwy 287, and less than two miles to Hwy 820
• Basswood Boulevard expansion to I-35 will create easy access to center and surrounding neighborhoods
Victory Shops at Basswood includes an opportunity for big box, junior anchor and multi-tenant retail with pads fronting Basswood Boulevard and Bluemound Road.
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73,812Total Population
3-Mile Radius
$81 ,489Average Household Income
3-Mile Radius
2015 Demographics 1-Mile 3-Mile 5-Mile
Total Population 7,457 73,812 207,072
Households 2,307 24,930 67,747
Families 1,915 18,420 52,013
Median Age 31.4 31.8 31.3
Average Household Income $93,555 $81,489 $83,959
Household Income > $75K 465 5,219 12,025
32 ,851Traffic Count
Blue Mound & Basswood
2015 Business Profile 1-Mile 3-Mile 5-Mile
Total Businesses 148 1,434 4,337
Total Employees 4,803 28,095 65,870
Top EmployersThe site is located within three miles from The Federal Aviation Administration, BNSF Railway which is home to 4,500 employees, HCA North Texas, and Bureau of Engraving and Printing and it’s 1,750 person headquarters, these select few are among the more than 30,000 companies based in Fort Worth. The city ranks as one of the top business destinations in the world.
Fort Worth’s central U.S. location, cost effective environment, highly skilled workforce, abundant labor pool, quality and plentiful education, and pro-business attitude help make Fort Worth an ideal location for any business.
Immediate Area Demographics
95,614Traffic Count
I-35 & Basswood
2015 Business Profile 1-Mile 3-Mile 5-Mile
Total Businesses 148 1,434 4,337
Total Employees 4,803 28,095 65,870
70,000
60,000
50,000
40,000
30,000
2010 Current
3-Mile
H o u s e h o l d future
5-Mile
Currently the population boasts 30.4% with a bachelor’s degree at the 5 mile radius. If 75% of new home buyers have a bachelors degree, we project that the educational attainment will increase to over 40%.
Growth and continuityFort Worth is one of the fastest growing cities in the United States, showing an increase in number of jobs, population, and residents’ household incomes.
21,669 25,210 30,35160,152 69,647 85,948
250,000
200,000
150,000
100,000
50,000
2010 Current
3-Mile
p o p u l at i o n future
5-Mile
63,489 73,812 84,302 183,222 207,072 237,362
15,000
10,000
5,000
Current
3-Mile
H H I n c o m e > $ 7 5 K future
5-Mile
5,219 6,349 12,025 14,816
40%
30%
25%
Current
3-Mile
E d u c at i o n a l g r o w t h
future prediction
5-Mile
27.4% 35.53% 30.4% 40.10%
3-Mile
GrowthWe are expecting 16,301 future households within a 5 mile radius, accounting for a 23.4% increase and a total of 86,000 homes
5,141Future Households(Metrostudy*)
20.4%Expected HouseholdsIncrease
16,301Future Households(Metrostudy*)
23.4%Expected HouseholdsIncrease
3-Mile RadIUS 5-Mile RadIUS
location Intersection of dynamic growth and limitlesspotential
Victory at Basswood
6 Lanes Divided (Blue Mound Rd)From Watauga Rd to US-287
Construction Starts: Sept 2017
Site Plan
± 26 acres
BERKSHIRE - 750 LOTS360 acre tract - $300 MM Community
Homes From: Low $200,000 - Mid $300,000’s• 60 acre green space• 30 acre of commerical development• 17 acres of planned multi-family
CURRENT STATUS:First phase in progress
WEST FORK RANCH - 1,430 LOTSHomes From: $250,000 - $325,000• Two resort style pools• Miles of paved bike trails• Future onsite elementary school 2016• Family friend dog park• Splash park
CURRENT STATUS:Phase four in progress
Major Developments
Fort Worth is a city of partnership and progress, qualities that ensured its survival as a frontier outpost and later transformed the city into one of the best places to live and do business in Texas. Even in its early days, Fort Worth was a bustling business center, first with the livestock industry and then with oil. Known as the city where the west begins, Fort Worth melds its rich western heritage with technology, modern amenities and progressive leadership to make it an ideal location to live and work.Fort Worth is ideal for companies of all sizes and from many different industry sectors. Over 30,000 businesses call Fort Worth home, including American Airlines, Novartis and D.R. Horton. With our diverse economy, central location and explosive population growth, Fort Worth has an imaginative, pro-business city government; a plentiful, skilled workforce; and a highly competitive cost of living that attracts significant investment from companies around the world.
Fort Worth Overview
Ft Worth Population, 2015 805,796 Median Age 32.2 Average HH Income $68,714
Households 284,093 Total Businesses 27,530 Total Employees 387,422
Rose MezaRetail Brokerage+1 214 438 [email protected]
Although information has been obtained from sources deemed reliable, Owner, Segovia, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2017. Segovia. All rights reserved.
“Out here, it’s a whole new world!”