El Pollo Loco Watauga, TX

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

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