6744 Jim Wright Fwy Fort Worth, TX 76135
New 15-year NNN lease with rental increases and options.
Property size:
4,694 SFLot size:
2.02 AcresProperty Features for 6744 Jim Wright Fwy
General Information
- Size
- 4,694 SF
- Lot size
- 2.02 Acres
Source:
Moodyscre
Listing Agent: Randy Bell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Outback Steakhouse NNN Ground Lease
This brand-new property features a 15-year absolute NNN ground lease, offering stable cash flow with zero landlord responsibilities and four 5-year options to renew. The lease includes 10% rental increases every year throughout the initial term and option periods. The property is corporately guaranteed by Bloomin’ Brands, Inc., the parent entity to four QSR restaurant concepts with an S&P credit rating of BB-. Bloomin’ Brands operates more than 1,480 locations and generated over $4.6 billion in revenue in 2023. The Outback Steakhouse is a leading full-service restaurant tenant that operates more than 1,000 locations in 23 countries and generated over $1.98 billion in revenue in 2023. This new construction property showcases Outback’s latest prototype design. The restaurant is 4,694 square feet and is situated on a 2.02 acre parcel with 105 parking spaces. Located in a densely populated area, the property benefits from excellent demographics, with over 173,000 people within a 5-mile radius and an average household income exceeding $109,000 annually.
Location Intelligence
Current Use by Public Records
Restaurants
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4156973
- Latitude
- 32.8133104
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FAQs
What type of property is this?
Restaurant - New 15-year NNN lease with rental increases and options.
Where is this restaurant located?
The property is located at 6744 Jim Wright Fwy Fort Worth, TX.
What is the asking price?
The asking price for this property is $3,592,592.
What are key features of this property?
This property features: - Brand-New 15 Year Absolute NNN Ground Lease with Zero Landlord Responsibilities.; - Rare Corporately Guaranteed Lease by Bloomin’ Brands, Inc. (S&P Credit Rating of BB-).; - Enjoy 10% Rental Increases Every Year Throughout the Initial Term and Option Periods.