The Boulder Group completed the sale of a single-tenant net-leased retail property occupied by Spec’s Wines, Spirits & Finer Foods at 106 Cleburne Ave. in Weatherford, Texas, for $4,407,812.
The property is located at 106 Cleburne Ave in Weatherford, Texas. Weatherford is the county seat of Parker County, Texas. Weatherford sits within the Fort Worth-Arlington Metropolitan Division of the Dallas-Fort Worth-Arlington, Texas Metropolitan Statistical Area. The Dallas-Fort Worth MSA has a population of approximately 7.9 million people. Dallas-Fort Worth is the fourth-largest metropolitan statistical area in the United States. Main Street in Weatherford carries approximately 29,600 vehicles per day. The City of Weatherford has a population of approximately 33,990 residents. Weatherford’s population grew by approximately 15.8% between 2019 and 2024.
The median household income in Weatherford is approximately $81,516. A Walmart Supercenter operates on South Main Street near the property. Weatherford Marketplace, a power center anchored by Target, Lowe’s and Kohl’s, sits along the Interstate 20 and State Highway 171 corridor. Weatherford ISD serves approximately 8,003 students across 12 campuses. Weatherford High School enrolls approximately 2,427 students across its two campuses. Weatherford College, a public community college, is also located in Weatherford. Spec’s Wines, Spirits & Finer Foods benefits from its position in one of the fastest-growing counties in the Dallas-Fort Worth MSA.
Randy Blankstein, Jimmy Goodman and John Feeney of The Boulder Group represented the seller in the transaction. The seller was a Midwest-based investment firm. The buyer was a private investor.
Spec’s Wines, Spirits & Finer Foods occupies the property under an NN lease. Approximately nine years of lease term remain. The lease expires on September 30, 2035.
