8600 N Beach St - Bank FOR SALE


Fort Worth, TX 76244- North Fort Worth
$2,685,000 USD
972-755-5205
8600 N Beach St, Fort Worth, TX for Sale
$2,685,000 USD
Bank - FOR SALE
1/4
null | 6% Cap Rate

8600 N Beach St
Fort Worth, TX 76244
North Fort Worth


HIGHLIGHTS

  • Recent Lease Renewal – Ground Lease With 5.3 Years Remaining
  • High-Visibility N Beach St Location (18,794 VPD) | Near N Tarrant Pkwy (28,155 VPD)
  • Brick Construction With Drive-Thru Banking | 1.21-Acre Outparcel to Walmart Supercenter
  • Positive Deposit Growth Over the Trailing 3-Years
  • Long-Term Tenant Commitment | 20+ Years on Site
  • Growing and Affluent Area | 309K+ Population | $122K+ Avg HH Income (5-Mile Radius)

OVERVIEW

Offered for sale is a corporate-guaranteed Wells Fargo ground lease in Fort Worth, Texas. The bank has operated at this location for over 20 years and recently extended its absolute NNN lease through May 2031, featuring 10% rent escalations every five years and zero landlord responsibilities. The property includes a 3,966-SF freestanding building with a full-service drive-thru, situated on a 1.21-acre outparcel to a Walmart Supercenter at a high-traffic intersection, surrounded by a strong mix of national retailers.

FOR SALE DETAILS

PRICE

$2,685,000 USD

PRICE/SF

$677 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo (Recent Lease Renewal)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

Commercial

APN/PARCEL ID

41668731

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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