DB2RE Properties
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Foch Street

921 - 1075 Foch Street, Fort Worth, Tarrant County, Texas 76107

Price:  $40,000,000

NOI:  $1,999,681

Cap Rate:  5.00%

Building Size:  135,727 SF

Occupancy:  78.51%

Lot Size:  6.36 AC / 277,042 SF

Zoning:  MU-2

Debt:  Free & Clear

Please provide the below information to view this property's offering memorandum.


    Confidentiality And Conditions Agreement

    This will serve to confirm our agreement concerning certain material, data and information (the “Underwriting Package”) which Davidson Bogel Real Estate, L.L.C (“Listing Agent”) may make available to Prospective Purchaser for study in connection with a possible purchase by Prospective Purchaser of the Property.

    Listing Agent or Owner is prepared to furnish Prospective Purchaser with the Underwriting Materials in connection with discussions and negotiations concerning a possible transaction involving the Property only on the condition that Prospective Purchaser treat Underwriting Materials confidentially and confirm certain representations to Listing Agent. Therefore, as a prerequisite to Listing Agent’s furnishing to Prospective Purchaser the Underwriting Materials, Prospective Purchaser hereby represents and agrees to the following:

    1. The Underwriting Materials furnished to Prospective Purchaser will be used by Prospective Purchaser solely for evaluating a possible transaction exclusively for our own account, as principal in the transaction, and not as broker or agent for any other person. Therefore, Prospective Purchaser agrees to keep the Underwriting Materials strictly confidential for a period of 12 months; provided however that any such Underwriting Materials may be disclosed to Prospective Purchaser’s directors, officers or employees, as well as its counsel, accounting firms and financial institutions who need to know such information for the purpose of assisting with Prospective Purchaser’s possible purchase of the Property. Such directors, officers, lawyers, financial institutions and accountants shall be informed by Prospective Purchaser of the confidential nature of such information and shall be directed by Prospective Purchaser to hold such information in strict confidence and otherwise comply with the terms of this agreement. Prospective Purchaser shall be responsible for breach of this Agreement of such persons.

      Prospective Purchaser agrees not to copy or duplicate the Underwriting Materials and to return the Underwriting Materials to Listing Agent promptly if Prospective Purchaser decides to discontinue discussions, or if requested by Listing Agent or Owner.

    2. Although Listing Agent has endeavored to include in the Underwriting Materials information which Listing Agent believes to be relevant for the purpose of helping Prospective Purchaser in Prospective Purchaser’s evaluation of the Property for possible purchase, Prospective Purchaser understands and acknowledges that neither the Seller of the Property nor Listing Agent make any representation or warranty to Prospective Purchaser as to the accuracy or completeness of the Underwriting Materials. Prospective Purchaser agrees that Seller and Listing Agent shall not have any liability to Prospective Purchaser as a result of our use of the Underwriting Materials and it is understood that Prospective Purchaser is expected to perform and be responsible for such due diligence, investigations and inspections of the Property, including investigation of any environmental conditions, such as ADA (Americans with Disabilities Act), hazardous waste and flood zone as it deems necessary or desirable and as permitted by agreement with the Owner of the Property.
    3. Prospective Purchaser also warrants and represents that no broker or agent represents or will represent it in any possible transaction involving the Property. Prospective Purchaser is advised that Davidson Bogel Real Estate, L.L.C. is acting on behalf of Owner as exclusive agent in connection with the investment in this Property. Should the Prospective Purchaser elect to have representation by a Co-broker, Prospective Purchaser hereby agrees that any fees earned by or owed to Co-broker in connection with this transaction will be paid by the undersigned Prospective Purchaser, unless otherwise agreed to in writing by Davidson Bogel Real Estate, L.L.C., Prospective Purchaser and Co-broker. Prospective Purchaser agrees to indemnify and hold harmless Davidson Bogel Real Estate, L.L.C., Owner, their respective affiliates, successors and assigns, employees, officers and directors against and from any loss, liability or expense, including reasonable attorney’s fees, arising out of any claim or claims by Co-broker, finder or similar agent for commissions, fees or other compensation for bringing about any investment in the Property by Prospective Purchaser.
    4. Prospective Purchaser hereby acknowledges that Prospective Purchaser has been informed, both orally and by this written disclosure, that:
      1. Listing Agent through Cameron Deptula are acting as Agent(s) of the Seller of the Property, and
      2. Any information given by Prospective Purchaser to Listing Agent may be disclosed to the Seller.
    5. While Owner and/or Listing Agent may discuss the purchase and sale of the Property with Prospective Purchaser, either Owner or Listing Agent, in our sole and absolute discretion, may terminate discussions at any time and for any reason. Recipient acknowledges Owner has no obligation to discuss or agree to the sale of any of the Property. The discussions may be lengthy and complex, notwithstanding that we may reach one or more oral understandings or agreements on one or more issues we are discussing, neither of us shall be bound by any oral agreement of any kind and no rights, claims, obligations or liabilities of any kind, either express or implied, shall arise or exist in favor of or be binding upon either Owner or Listing Agent except to the extent expressly set out in a written agreement signed by both Owner and Listing Agent.


    6. Prospective Purchaser agrees not to contact the tenants, leasing brokers or Property management staff of the Property in connection with recipient’s review of the Confidential Information.
    8. This Agreement is for the benefit of Owner and may be enforced by Owner.
    9. Prospective Purchaser acknowledges that in the event Prospective Purchaser breaches any provision of this Agreement, or threatens or attempts to do so, Owner would be irreparably harmed. “Accordingly, you agree in advance to the granting of injunctive or other equitable relief in favor of Owner without proof of actual damages, in addition to other remedies available at law or in equity.
    10. This agreement will be in effect for a period of one (1) year of execution.

    If you do not wish to pursue negotiations leading to this acquisition, or if in the future you discontinue such negotiations, you agree to return all confidential information to Listing Agent. Otherwise, please agree below.

    * Fields marked with asterisk are required. You must check terms acceptance box to view this OM.

    Contact us about this property  


    • The West 7th Street District is one of Texas’ premier live, work, play mixed-use developments. The district spans across 80 acres (1 mile X 0.5 Mile) of core infill land and is conveniently located 1 mile north of Interstate 30 and 1 mile west of the Fort Worth CBD.
    • Over 8.5 million of visitors annually to the W. 7th Entertainment and Fort Worth Cultural District. Located 1,700 feet away is the Modern Art Museum of Fort Worth and the Kimbell Art Museum, two of the most renowned museums in the world. The District is now anchored by the brand new,  $540 million dollar, 14,000 seat Dickies Arena, schedule for completion August 2019.
    • Situated on 6.36 acres, Foch Street provides investors with one of the largest unobstructed tracts of infill land within the DFW Metroplex.
    • Coveted MU-2 zoning (High Intensity Mixed-Use). The MU-2 zoning allows for vertical development up to 12 stories, making Foch Street the perfect redevelopment play.
    • Significant value-add through the lease-up of the 29,172 SF of second generation retail / restaurant space, as well as, future redevelopment of the property.
    • Within a three mile radius of the Property there are 92,722 residents increasing to more than 271,873 residents within five miles of the property. Furthermore, average household incomes within the one mile and three miles radii are $77,669 and $69,139 respectively.
    • Shop rental rates among existing tenants average a staggering low $21.35, with over 56.00% of the property paying below $25.00 PSF. Additionally, 52.86% of the property boasts FMV renewal options upon expiration.


    DB2RE INVESTMENT SALES is pleased to present Foch Street (“Property”) a 135,727 square foot mix-used shopping center located in the coveted West 7th Entertainment District of Fort Worth, TX. For over 70 years, Foch Street has been considered a landmark property. Built by the Leonard Family at the end of WWII, the two main buildings date back to 1946 with the third building completed in early 1953. Foch Street embodies the country’s post-World War II resurgence that left us with the architectural treasure we have today. Foch Street is a beacon of Fort Worth’s illustrious history, retail environment and diverse economy. Over the years, the property has been home to an elite group of specialty retailers that include companies like Leonard’s Farm and Ranch Store, Williamson Dickie (Dickie’s), Montgomery Ward & Co. and Tandy Mart. The spirit of Foch Street and its esteemed past precedes itself to this day.

    Restored in 2002 and 2011, Foch Street is comprised of three buildings and is currently 78.51% occupied by various specialty, destination and entertainment retailers and business including The Reservoir, Chimy’s, Texas Republic, Colonels’ Bicycles as well as businesses like iProspect, among others. The property boasts 6.36 acres of core / infill MU-2 zoned land and is strategically positioned at the eastern edge of the W. 7th Entertainment District, Fort Worth’s premier urban mixed-use development. Stretching nearly a quarter mile along Foch Street (1,000 feet), Foch Street “Property” provides unparalleled access and visibility to this entertainment mecca. Spanning over 16 city blocks and 80 plus acres, the West 7th District is comprised of over 2 million square feet of high-end residential, office, retail / restaurant and hotel assets. Investors have the unique opportunity to acquire a core / legacy asset within this high growth – high barrier market. The offering provides a stabilized revenue stream as well as various value-add opportunities. The combination of over 29,172 SF of lease-up potential, below market rates and future redevelopment opportunities due to the property’s favorable MU-2 zoning ensures new ownership’s initial investment continues to grow well into the future.


    Foch Street

    921 - 1075 Foch Street, Fort Worth, Tarrant County, Texas 76107

    Foch Street

    Contact Us About this Property

    Cameron Deptula

    Investment Sales
    TREC #622382

    214.526.3626 ext. 116