$2,955,000 USD
858-373-3184
1050 N Beach St
Fort Worth, TX 76111
Outer N Richland Hill/Haltom City
HIGHLIGHTS
- 20 Year Absolute Net Lease feat. 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2025 High Quality Construction.
- Positioned Along Area’s Retail and Traffic Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 33k Vehicles.
- State Highway 121 is a Major Regional Corridor Connecting Fort Worth to Hurst, Bedford, Grapevine, and DFW International Airport.
- Densely Populated Area: Features more than 253k+ People Residing w/in a 5-Mile Radius. Fort Worth is one of the Fastest-Growing Cities in the U.S.
- Minutes from Downtown Fort Worth Employment and Civic Core - Located Approximately Ten Minutes from Downtown Fort Worth, home to Major Employers, etc
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
OVERVIEW
Popeyes w/ Dr-Thru | 20 Year Absolute Net Lease | Brand New 2025 Construction | Prime Infill Location | Immediate Access to/from State Hwy-121 | Across from Walmart Supercenter | Near Meacham International Airport & Industrial Employment Base | Qualifies for Accelerated Depreciation | Minutes from Downtown Fort Worth Employment and Civic Core
FOR SALE DETAILS
PRICE
$2,955,000 USD
PRICE/SF
$1,328 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES w/ DR-THRU | 20 YR ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
-
APN/PARCEL ID
05898943
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858-373-3184
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858-373-3184
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