5955 Rufe Snow Dr
Watauga, TX
Price:
$1,917,000
Cap Rate:
6.00%
NOI:
$115,000
Building Size:
Approx. 664 Sq. Ft.
Lot Size:
Approx. 0.51 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built / Renovated:
2022 / 2025
Investment Overview
- 2022 Construction/2025 Renovation. 664+/- SF Building on 0.51+/- Acre Site
- Rare 15-Year Corporate Net Lease w/ JAB Holding Company, w/ 10% Rent Increases Every 5-Yrs. & During the Option Periods
- Hard Corner Located at a Light Along Rufe Snow Drive (25,772 VPD), just North of I-820 (42,411 VPD) & East of Denton Highway (41,582 VPD)
- 15 Miles from Fort Worth Alliance Airport and 12 Miles from Downtown Fort Worth
- Over 301,690 Residents & Average HH Income Over $128,200 w/in a Fast-Growing Radius
- Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
- Watauga | In Fort Worth MSA – Fastest Growing Large City in 2024 | Population: 23,050+