8615 Old Decatur Rd - Fast Food FOR SALE


Fort Worth, TX 76179- Marine Creek
$3,619,000 USD
480-221-4221
8615 Old Decatur Rd, Fort Worth, TX for Sale
$3,619,000 USD
Fast Food - FOR SALE
1/9
null | 5.25% Cap Rate

8615 Old Decatur Rd
Fort Worth, TX 76179
Marine Creek


HIGHLIGHTS

  • Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection (47,257 VPD) | Retail Corridor | Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant, Deli Management, Inc., Recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features variable increases throughout the initial term and 10%at the beginning of each option period, steadily growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$3,619,000 USD

PRICE/SF

$766 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Jason's Deli | New 15yr Corp Abs NNN Ground

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

E

APN/PARCEL ID

42612070

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.