1664 Basswood Blvd - Fast Food FOR SALE


Fort Worth, TX 76131- Blue Mound
$3,600,000 USD
214-560-6900
1664 Basswood Blvd, Fort Worth, TX for Sale
$3,600,000 USD
Fast Food - FOR SALE
1/9
null | 3.75% Cap Rate

1664 Basswood Blvd
Fort Worth, TX 76131
Blue Mound


HIGHLIGHTS

  • 18+ Years Remaining | Corporate Signed Ground Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Part of Victory Shops at Basswood | Basswood Village
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, McDonald’s investment property located in Fort Worth, Texas. The tenant, McDonald’s, has over 18 years of lease term remaining with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$825 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonald's | Drive-Thru Equipped | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

F

APN/PARCEL ID

42298031

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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