7900 Denton Highway
Watauga, TX
Price:
$3062000
Cap Rate:
4.85%
NOI:
$148,500
Building Size:
Approx. 2660 Sq. Ft.
Lot Size:
Approx. 0.63 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 2,660+/- SF Building on .63+/- Acre Site
- 20-Yr Corp Ground Lease w/ 10% Rent Bumps Every 5-Yrs’
- Located along Denton Hwy 377 (49K VPD), & North Park Dr.
- Near Super Target, Starbucks, Chili’s, Chick-Fil-A, Walgreens
- Watauga is located 11-Miles North of Downtown Fort Worth
- Local Attractions: Stockyards | AT&T Stadium (Cowboys) | Lake Worth
- DFW is ranked #1 for Commercial Real Estate Market – Pricewaterhouse
- 3-Mile Radius: 2016 Est Pop: 140,261 l 3-Mile Avg. HH Income: $97,731
- Dallas/Ft. Worth (MSA): 4th Largest MSA in the U.S | Pop: 6,526,548