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12613 South Fwy Burleson, TX 76028

For Sale
$4,933,000

Two-tenant retail building, 6% cap rate.

Property size:
7,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional investment opportunity presents a newly constructed, 7,000 square foot, two-tenant retail building in Burleson, Texas. Located at 12613 South Fwy, 76028, this fee-simple property boasts 100% occupancy with Black Bear Diner and Club Pilates as tenants. Both tenants have recently signed brand new 15-year NNN leases, featuring a 10% rental increase in year 6 and at the start of each option period. This provides a strong, inflation-hedged return. The property offers a significant 6.00% cap rate with a current NOI of $296,000 and an asking price of $4,933,000. The 1.18-acre lot includes 47 parking spaces, ensuring ample customer convenience. Built in 2024, the building is situated in a high-traffic area, benefiting from proximity to Interstate 35 (133,000 vehicles per day) and E. Rendon Crowley Road (33,300 vehicles per day). The property's strategic location within Southgate Marketplace, near Gateway Station (368,000 sq ft) and McAlister Square (193,000 sq ft), places it within a thriving retail corridor alongside major national tenants like Walmart, Lowe's, and AMC Theatres. The 5-mile trade area boasts a population exceeding 155,000, with an average household income of $105,941. The property is zoned for commercial use and is part of the AO (Airfield) Overlay District. This is a management-free investment opportunity with significant long-term growth potential.

Property Features for 12613 South Fwy

General Information

Property type
Restaurants
Square Feet
7,000 SF
Lot Size
51,401 SF

Building Details

Year Built
2024

HighLights

  • New construction, 7,000 SF, two‑tenant retail building in Burleson, TX with 15‑year NNN leases including 10% rental increases.
  • Excellent location on E. Rendon Crowley Rd with ample parking and direct I‑35W access (133,000 VPD).
  • Situated in Southgate Marketplace, near Gateway Station (368,000 SF) and McAlister Square (193,000 SF), a primary retail corridor with national tenants.
Property Profile Location Intelligence

Current Use by Public Records

Black Bear Diner ... American Restaurant

Suggested Use

Realty agency Restaurant 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.

Location Insight

  • Map
  • Local Demand
City
Burleson
County
Tarrant
State
Texas
Longitude
-97.31813
Latitude
32.574174

FAQs

What type of property is this?
Restaurant - Two-tenant retail building, 6% cap rate.
Where is this restaurant located?
The property is located at 12613 South Fwy Burleson, TX.
What is the asking price?
The asking price for this property is $4,933,000.
What are key features of this property?
This property features: New construction, 7,000 SF, two-tenant retail building in Burleson, TX with 15-year NNN leases including 10% rental increases.; Excellent location on E. Rendon Crowley Rd with ample parking and direct I-35W access (133,000 VPD).; Situated in Southgate Marketplace, near Gateway Station (368,000 SF) and McAlister Square (193,000 SF), a primary retail corridor with national tenants.
More about this property
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