National Tire & Battery Absolute NNN High Growth Area 5320 Southwest Boulevard, Fort Worth, TX Fort Worth ( Texas, US ) Built

$4,803,400 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 7,891 sq. ft.
  • Development Level: Built
  • Lot Size: 1.05 acres
  • Year Built: 2006

Description

National Tire & Battery Absolute NNN High Growth Area 5320 Southwest Boulevard, Fort Worth, TX

Cap Rate: 5.5%
NOI: $264,189.36
Building Size: 7,891 sqft
Lot Area: 1.05 acres
Lease Type: Absolute Net
Year Built: 2006

Price: $4,803,400 USD

DESCRIPTION
Bellagio Real Estate Partners, LLC is pleased to present the opportunity to acquire a single tenant absolute NNN National Tire & Battery asset located at 5320 Southwest Blvd, Fort Worth, Texas. This incredible asset is an opportunity to acquire a long-term corporately guaranteed Absolute NNN lease in one of the nation’s fastest growing markets. National Tire & Battery is located just off Interstate 20 (158,000 VPD) and surrounded by retailers such as: Target Supercenter, Costco, The Home Depot, Burlington, Best Buy, Sam’s Club, Kohls, Chipotle, and Walgreens.

HIGHLIGHTS
• Corporate National Tire & Battery, wholly owned by TBC Corporation (over 3,200 auto repair locations)
• Absolute NNN – Zero Landlord Responsibilities
• 10 years remaining on the initial 25-year term
• Original construction was a Built-to-Suit 25-year Absolute NNN Lease built in 2006
• CPI Escalations up to 12% every 5 years
• Major retail corridor at the confluence of State Highway 183, Interstate 20, and Loop 820
• Population over 112,000 within 3-mile radius with Avg. HH Incomes exceeding $88,000
• Additional Income from an Oil and Gas Lease with Vargas Energy. Landlord receives a 25% royalty of all oil produced and saved from the land

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52(81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442582094
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Information is deemed to be correct but not guaranteed.