8428 Denton Hwy - Supermarket FOR SALE


Watauga, TX 76148
$9,838,712 USD
314-324-8792
8428 Denton Hwy, Watauga, TX for Sale
$9,838,712 USD
Supermarket - FOR SALE
1/5
null | 8% Cap Rate

8428 Denton Hwy
Watauga, TX 76148


HIGHLIGHTS

  • Fitness Connection is a leader in the “High Value, Low Price” segment of the fitness industry with over 40 locations across NC, NV, and TX.
  • Watagua boasts average household incomes of $144,000 within a 1 mile radius.
  • Fitness Connection is located at the signalized intersection of Denton Hwy & N Tarrant Pkwy which has a combined traffic count of 63,000 vpd.
  • Planned H-E-B: H-E-B owns the entire land parcel kitty corner to the property with plans to build a grocery store in the future.

OVERVIEW

Stream Capital Partners is pleased to present the opportunity to acquire a single tenant Fitness Connection asset located in Watauga, TX (DFW). The property is located at the premier intersection in the trade area, with idea positioning in between The Home Depot, Target, and across the street from a proposed H-E-B. Fitness Connection has 10+ years of lease term remaining on its NNN lease, providing a passive income stream for an investor. The building is comprised of more than 61,000 SF on 6.6 acres.

FOR SALE DETAILS

PRICE

$9,838,712 USD

PRICE/SF

$161 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fitness Connection

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.62 AC

LAND SF

288,367 SF

ZONING

F1

APN/PARCEL ID

07125887

ASK ABOUT THIS PROPERTY

Graham GoldStream Capital PartnersMore Info
314-324-8792

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

Graham GoldStream Capital PartnersMore Info
314-324-8792

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