Caribou Coffee Watauga, TX

5955 Rufe Snow Dr
Watauga, TX

Price: $2,091,000
Cap Rate: 5.50%
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
  • Located 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+

 

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