9564 Citadel Way - Freestanding FOR SALE


Fort Worth, TX 76177- North Fort Worth
$6,712,000 USD
480-221-4221
9564 Citadel Way, Fort Worth, TX for Sale
$6,712,000 USD
Freestanding - FOR SALE
1/7
null | 5.75% Cap Rate

9564 Citadel Way
Fort Worth, TX 76177
North Fort Worth


HIGHLIGHTS

  • Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • The Citadel (600K GLA) | Alliance Town Center (1 Million SF)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Spec’s Corporate signed lease (200+ Locations) • 9+ years remaining with 2 (5-year) option periods to extend • The lease features $1.25/SF/YR rental increases every 5 years throughout the initial term and at the beginning of each option period

FOR SALE DETAILS

PRICE

$6,712,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spec's Wine Spirits | Corp NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

102

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

Commercial

APN/PARCEL ID

-

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 Policy.