4913 Ohio Garden Rd - Restaurant FOR SALE


River Oaks, TX 76114
$1,130,000 USD
972-755-5205
4913 Ohio Garden Rd, River Oaks, TX for Sale
$1,130,000 USD
Restaurant - FOR SALE
1/4
null | 8.5% Cap Rate

4913 Ohio Garden Rd
River Oaks, TX 76114


HIGHLIGHTS

  • Absolute Net Lease | 6.3 Years Remaining | 10 Percent Rent Increase in 2027
  • Near the Signalized Intersection of Ohio Garden Rd & River Oaks Blvd (11,568 VPD)
  • Expansive Consumer Base | 216,000+ Residents & 354,000+ Employees (5-Mile Radius)
  • Attractive Price-Point | Offered Below Replacement Cost
  • Minutes from Naval Air Station Joint Reserve Base Fort Worth (11,000 Personnel) and Lockheed Martin Aeronautics

OVERVIEW

Offered for sale is the opportunity to acquire an absolute net lease Nish Mediterranean Grill in Fort Worth, TX. The property consists of a 3,370-square-foot, freestanding building that sits on approximately 0.78 acres of land. There are 6.3 years remaining on the lease with a 10% rent increase in 2027 and a 5% annual rent increase at the Option.

FOR SALE DETAILS

PRICE

$1,130,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nish Mediterranean Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C2

APN/PARCEL ID

42452846

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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