Offered for sale is an absolute net lease Taco Cabana in Fort Worth, TX. The property consists of a 3,876-square-foot, freestanding building that sits on approximately 0.76 acres of land. There are 5.5 years remaining on the lease with 1% rental increases every year.
The subject property benefits from prominent frontage along Camp Bowie Boulevard, a major arterial roadway responsible for taking traffic from west Fort Worth into the Downtown Central Business District. This corridor has experienced significant urban revitalization in recent years, especially along West 7th Street which has been vital in connecting the Cultural District with Downtown. This redevelopment has expanded west along Camp Bowie with significant retail developments such as the Village at Camp Bowie, Ridglea Village, Ridglea Theater and Ridglea Plaza.
Taco Cabana has operated at this location for over 15 years. The brand currently operates approximately 141 locations across Texas. Started in San Antonio, Texas, as a taco stand in 1978, Taco Cabana pioneered the concept of “patio cafes,” which are semi-enclosed patio dining areas decorated in festive Mexican themes.