9898 Morris Dido Newark Road
Fort Worth, TX
Price:
$1,873,000
Cap Rate:
5.65%
NOI:
$105,809
Building Size:
Approx. 10,640 Sq. Ft.
Lot Size:
Approx. 1.495 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 10,640+/- SF Building on 1.495+/- Acre Site
- Brand New 15-Year Corporate Absolute NNN Lease w/ 10% Rental Bumps in Each of the (3) 5-Year Options
- Excellent Location on Morris Dido Newark Rd (6.5K VPD) Near the Fort Worth Boat Club
- Subject Property Has Little Competition Within the Immediate Trade Area
- Subject Property Located Within the DFW Metroplex, the 4th Largest MSA in the US
- E-Commerce Resistant Retailer that Plans to Open an Additional 1,050 Stores in 2023
- Fort Worth | Fastest Growing Large City in the US from 2010-2020 | Population: 935,500+