US Hwy 287 & Blue Mound Rd, Fort Worth
Price:
$2,286,000
Cap Rate:
3.50%
NOI:
$80,000
Building Size:
Approx. 4,400 Sq. Ft.
Lot Size:
Approx. 1.29 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 4,400+/- SF Building on 1.29+/- Acre Site
- New 20 Yr Ground Lease w/ 10% Rental Increases Every 5 Years & (8) 5 Year Options to Renew
- Excellent Signalized, Hard Corner Location at the Intersection of U.S. 287 & Blue Mound Rd (68.9K VPD)
- Strong Income Demo’s w/ an est. $115,000 Within a 1 Mile Radius of the Site
- McDonald’s is One of the World’s Leading Food Service Brands
- Fort Worth was Named the Fastest Growing Large City in the US Between 2010-2020
- DFW Metroplex | 4th Largest Metroplex in the US | Fort Worth Population: 935,500+