6704 Lake Worth Blvd - Retail FOR SALE


Lake Worth, TX 76135
$9,670,000 USD
480-221-4221
6704 Lake Worth Blvd, Lake Worth, TX for Sale
$9,670,000 USD
Retail - FOR SALE
1/9
null | 6.35% Cap Rate

6704 Lake Worth Blvd
Lake Worth, TX 76135


HIGHLIGHTS

  • Multi-Tenant Retail Opportunity | Options To Extend | 10 Years WALT
  • NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Across Near Target Anchored Center | Dense Retail Corridor | Highly Trafficked Area | Frontage Visbility
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 2-building, multi-tenant retail investment opportunity in Lake Worth, Texas. The offering features a diverse lineup of tenants including Spec’s and Planet Fitness, which have approximately 10 years of weighted lease term remaining on their current leases. The leases are NNN in nature with landlord responsibilities limited to roof, structure, and CAM, making it an ideal, low management investment opportunity.

FOR SALE DETAILS

PRICE

$9,670,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spec's & Planet Fitness | 10 Yrs WALT

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

358

LAND DETAILS

LAND ACRES

5.24 AC

LAND SF

228,254 SF

ZONING

HC

APN/PARCEL ID

06989012

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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