2670 FM407
Bartonville, TX
Price:
$5,256,000
Cap Rate:
4.90%
NOI:
$257,539
Building Size:
Approx. 3,062 Sq. Ft.
Lot Size:
Approx. 1.29 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2000
Investment Overview
- 2019 Construction. 3,062+/- SF Building on 1.29+/- Acre Site
- New 15 Year Corp NNN Lease w/ 7.5% Rent Bumps Every 5 Years
- Located @ the Southwest corner of FM 407 (20K VPD) & Neely Drive
- Adjacent to Lantana’s Upscale Master-Planned Community (1,780 Acres)
- Near Kroger Market Place, Marty B’s BBQ, Starbucks, CVS, Subway, AT&T
- Bartonville is a town in Denton County (Fastest Growing Counties in the U.S)
- Small-Town Atmosphere w/ First Class Style and Easy Access Big City Amenities
- Proximity to Dallas/ Fort Worth Int. Airport | 35-Miles N of Downtown Fort Worth
- 5-Mile Est Day Population:19,786 | 3-Miles Avg Household Income: $179,712
- Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Population: 7,399,662