A group of established investors in the Fort Worth Stockyards has acquired a prime piece of commercial real estate in an all-cash transaction, making the close in three weeks to beef up its holdings in the city’s top tourist attraction.

The investment group’s newest asset is a 4,650-square-foot store at 2405 N. Main St., which is net-leased for the long term to Boot Barn Inc. Todd Lambeth, executive vice president and managing partner in the Fort Worth office of Dallas-based Bradford Commercial Real Estate Services, represented the buyer, Stockyards BB LLC.

“We swooped in under the radar with an attractive price,” Lambeth said. “We went firm day one on the earnest money. The seller had no doubt in our ability to close the deal.”

Lambeth says he contacted his investment client as soon as he saw the listing for the high barrier-to-entry offering.

“It’s rare to see a property for sale in the Stockyards. It’s even harder to find spaces to lease in that area,” he said.

Daniel Poku and Sabrina Sapienza of SRS Real Estate Partners represented the seller, TEH Fort Worth LLC, which had operated a Western wear shop at the location for years. The former operator leased the store to Boot Barn a few months ago and then opted to sell the property.

Built in 1916 and most recently renovated for the new occupant, the retail building is situated on a 0.2-acre tract in the heart of a destination that draws roughly more than 10 million visitors each year.

Boot Barn’s next-door neighbors are two top attractions: Downtown Cowtown at the Isis and the Stockyards Saloon.

Boot Barn reportedly had been eyeing a Stockyards location for some time, finding its inroad with a former vendor. The publicly traded company, with 412 stores in 46 states, inked a 10-year net lease with renewal options for the prized site.

The sale of that property was announced the same week that “Yellowstone” and “Landman” creator Taylor Sheridan made public his investment in and plans for the iconic Cattlemen’s Steak House, which is just down the street at 2458 N. Main St.

No parking, no problem

A rendering of Genesis Apartments in the Near Southside. (Courtesy image | City of Fort Worth)

The Near Southside could soon see more apartments with limited parking for vehicles.

Mansfield-based Greater Heights Properties and Management has proposed a five-story, 24-unit apartment building at 450 Crawford St., according to a permit filed with the city.

The estimated cost of the 20,700-square-foot Genesis Apartments project is $2 million, according to the filing. Construction is expected to be complete in September 2026.

The information in the permit indicates that Genesis Apartments would have 20 one-bedroom and four two-bedroom units.

The one-bedroom units would range from 670 square feet to 910 square feet. The two-bedroom units would be 1,218 square feet.

The complex would be near the 94-unit apartment complex Bryan Flats, at 455 Bryan Ave., which also eschewed parking and is catering to residents who work in the area.

The Genesis project would need the approval of the Urban Design Commission before construction could begin, according to the filing.

Do you have something for the Bob on Business column? Email Bob Francis at bob.francis@fortworthreport.org.

Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.

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