11229 Timberland Blvd Fort Worth, TX
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New construction 7-Eleven with long-term corporate lease near I-35.
Type:RETAIL
Property size:
4,919 SFLot size:
13.05 AcresPrice / SF:
$1,707/SF- Added:
- Apr 29, 2024
- Days on Market:
- 726
- Last Refresh:
- Apr 5 at 10:41 pm
Property Features for 11229 Timberland Blvd
General Information
- Standard status
- Active
- Size
- 4,919 SF
- Lot size
- 13.05 Acres
- Property subtype
- RETAIL
Listing agent Bob Moorhead
Listing office Secure Net Lease - Dallas (214) 522-7200
Listing date Apr 29, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas
Overview
New Fort Worth Retail Opportunity
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.
Location Intelligence
Current Use by Public Records
7-Eleven
Gas Station
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3075
- Latitude
- 32.9443
Nearby Similar for Sale
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.
