5955 Rufe Snow Dr - Fast Food FOR SALE


Watauga, TX 76148
$1,995,000 USD
214-915-8896
5955 Rufe Snow Dr, Watauga, TX for Sale
$1,995,000 USD
Fast Food - FOR SALE
1/7
null | 5.76% Cap Rate

5955 Rufe Snow Dr
Watauga, TX 76148


HIGHLIGHTS

  • 2022 Construction/2025 Renovation. 664+/- SF Building on 0.51+/- Acre Site
  • Hard Corner Located at a Light Along Rufe Snow Drive (25,772 VPD), just North of I-820 (42,411 VPD) & East of Denton Highway (41,582 VPD)
  • 15 Miles from Fort Worth Alliance Airport and 12 Miles from Downtown Fort Worth
  • Over 301,690 Residents & Average HH Income Over $128,200 w/in a Fast-Growing Radius
  • Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
  • Watauga | In Fort Worth MSA - Fastest Growing Large City in 2024 | Population: 23,050+

OVERVIEW

Rare 15-Year Corporate Net Lease w/ JAB Holding Company, w/ 10% Rent Increases Every 5-Yrs. & During the Option Periods

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$3,005 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

07157215

ASK ABOUT THIS PROPERTY

Anthony PucciarelloSecure Net LeaseMore Info
214-915-8896

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Anthony PucciarelloSecure Net LeaseMore Info
214-915-8896

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