13101 NW 287 Hwy - Retail FOR SALE


Fort Worth, TX 76179- Pecan Acres
$3,576,000 USD
806-392-5336
13101 NW 287 Hwy, Fort Worth, TX for Sale
$3,576,000 USD
Retail - FOR SALE
1/2
null | 5% Cap Rate

13101 NW 287 Hwy
Fort Worth, TX 76179
Pecan Acres


HIGHLIGHTS

  • High-Growth DFW Submarket: Located in Avondale/Haslet, TX along Highway 287, 34% projected growth by 2029
  • Thousands of single-family homes are under construction in nearby master-planned communities, with a multifamily development planned adjacent
  • More than a dozen QSRs and national retailers have recently been developed along Highway 287 and Avondale-Haslet Road
  • Average household income within a 3-mile radius is $136,000, projected to increase to $163,000 by 2029
  • Over 47,000 vehicles per day travel along Highway 287, providing exceptional visibility and accessibility
  • Absolute NNN Lease: Texas Roadhouse operates under a true triple-net lease, offering passive income with zero landlord responsibilities.

OVERVIEW

The Texas Roadhouse (the “Property”) is a 7,926 sf retail property located at 13101 NW Highway 287 in Avondale, TX. The project is expected to be completed by July 2025. This ground lease opportunity consists of a 7,926 sf Texas Roadhouse situated on 2.15 acres. The tenant, Texas Roadhouse, will sign a 15-year ground lease upon the close of escrow. During the initial term of the lease, as well as during the three 5-year option periods, there are contractual base rental increases of 10% every 5 years.

FOR SALE DETAILS

PRICE

$3,576,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Roadhouse

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Greg PhelpsEDGE Realty Capital MarketsMore Info
806-392-5336

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Greg PhelpsEDGE Realty Capital MarketsMore Info
806-392-5336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.