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7320 Kingswood Dr Fort Worth, TX 76133

For Sale
$3,379,367

Freestanding automotive collision repair shop in Fort Worth, Texas.

Property size:
16,866 SF
Lot size:
1.75 Acres

Property Features for 7320 Kingswood Dr

General Information

Size
16,866 SF
Lot size
1.75 Acres

Source: CBRE - Corporate Agent Addison Williams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fort Worth Automotive Repair Shop

This 16,866 square foot automotive collision repair shop is located in Fort Worth, Texas, just off the corner of S. Hulen Street and Kingswood Drive. The property has been occupied by Service King for 17 years, since January 2003. Upon sale, Service King will exercise a lease amendment, extending their lease term for approximately 16 years, resulting in a total lease term of 20 years. The lease includes four scheduled rent increases throughout the 20-year term. Service King has the option to retain two 5-year options, each with 5% rental escalations.
Insight Report Location Intelligence

Current Use by Public Records

Crash Champions Collision ... Auto Body Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Similar Places Nearby

All Tune & Lube, Mike's Mechanic's, City Garage Auto Repair & Oil Change, Jiffy Lube, Brakes Plus

Location Insight

  • Map
  • Local Demand
City
Fort Worth
County
Tarrant
State
Texas
Longitude
-97.3970441
Latitude
32.6413313

FAQs

What type of property is this?
Auto shop - Freestanding automotive collision repair shop in Fort Worth, Texas.
Where is this auto shop located?
The property is located at 7320 Kingswood Dr Fort Worth, TX.
What is the asking price?
The asking price for this property is $3,379,367.
What are key features of this property?
This property features: - Long-term lease: Service King will extend their lease for ~16 years upon sale, resulting in a total lease term of 20 years.; - Established tenant: Service King has been operating at this location for 17 years.; - Scheduled rent increases: The lease includes four (4) scheduled rent increases throughout the 20-year term.
More about this property
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