620 E Rock Island Ave
Boyd, TX
Price:
$1,878,515
Cap Rate:
5.40%
NOI:
$101,439
Building Size:
Approx. 7,627 Sq. Ft.
Lot Size:
Approx. 1.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2020
Investment Overview
- 2020 Construction 7,627+/- SF Building on 1.99 +/- Acre Site
- 15-year Corporate Net Lease with rent increases in the primary term and renewal options
- Strategically located on E. Rock Island Avenue (17,000 VPD) | 30-miles from downtown Fort Worth, TX
- 1-mile radius average household income $58,992 | Boyd, TX forecast of 40% increase in job growth within the decade
- Greater DFW Metroplex (MSA) | Population 7.5M+ | 4th largest city in the USA