11229 Timberland Blvd, Fort Worth, TX

Listing agent Bob Moorhead

Listing office Secure Net Lease - Dallas Show Phone

Listing date Apr 29, 2024

Source Moodyscre

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Overview

This property features a newly constructed 4,919-square-foot building on a 1.47-acre site. The property is under a brand new 15-year corporate absolute NNN lease, which includes 10% rent increases every 5 years during both the primary term and option periods. The location is strategic, situated off I-35, with traffic counts exceeding 100,000 vehicles per day. Located in a high-growth area of North Fort Worth, it is only 12 miles north of downtown Fort Worth, with over 73,000 residents within a 3-mile radius. The property is also located 2 miles from Perot Field Fort Worth Alliance Airport, the second-largest airport facility in North Texas. The tenant, 7-Eleven, is the largest chain store operator in the world, with over 85,000 stores and an S&P rating of A. Fort Worth is the 4th largest metro in the U.S., with a population of 908,469.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Worth

County

Tarrant

State

Texas

Longitude

-97.3075

Latitude

32.9443

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FAQs

What type of property is this?

Grocery and convenience store - New construction 7-Eleven with long-term corporate lease near I-35.

Where is this grocery and convenience store located?

The property is located at 11229 Timberland Blvd Fort Worth, TX.

What is the asking price?

The asking price for this property is $8,400,000.

What are key features of this property?

This property features: Brand new 15‑yr corporate absolute NNN lease with 10% rent bumps every 5 yrs.; 7‑Eleven (S&P Rated A) is the largest chain store operator in the world with over 85,000 stores.; Strategically located off I‑35 with traffic counts exceeding 100,000 cars per day.