6543 Lake Worth Blvd - Freestanding FOR SALE


Fort Worth, TX 76135- Downtown Lake Worth
$5,436,000 USD
214-560-6900
6543 Lake Worth Blvd, Fort Worth, TX for Sale
$5,436,000 USD
Freestanding - FOR SALE
1/8
null | 6% Cap Rate

6543 Lake Worth Blvd
Fort Worth, TX 76135
Downtown Lake Worth


HIGHLIGHTS

  • Investment Grade Tenants | Corporate Signatures | NNN Leases | New 5-Year Extensions
  • Located at Major, Signalized Intersection | Drive-Thru Equipped
  • Across From Lake Worth Towne Center | 5.1M Annual Visitors | Dense Retail Corridor | National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, drive-thru equipped, multi-tenant retail building investment property located in Fort Worth, Texas. The offering features a strong, e-commerce resistant tenant lineup of Starbucks and Chase Bank. Both tenants recently exercised a 5 year option to extend, with future 5-year options remaining, demonstrating commitment to the site. The leases are signed by their respective corporate entities, Starbucks Corporation (S&P: BBB+) and JPMorgan Chase Bank N.A. (S&P: AA-). The tenants operate under NNN leases, limiting expense leakage for a future investor.

FOR SALE DETAILS

PRICE

$5,436,000 USD

PRICE/SF

$1,332 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & Chase Bank | NNN Leases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

Planned Commercial

APN/PARCEL ID

-

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.