Brewer & Mcpherson Intersection Fort Worth, TX 76123
- Retail properties
- 2,230 SF
- 0.86 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Brewer & Mcpherson Intersection
- Year built
- 2025
- Lot size
- 0.86 lot acres
- Property size
- 2,230 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 2,230-square-foot Starbucks located at the Brewer & McPherson intersection in Fort Worth, Texas, zip code 76123. The property sits on a 0.86-acre lot and boasts a strong 5.50% cap rate, generating a net operating income (NOI) of $162,000. Secured by a credit-rated corporate guarantee, the 10-year net lease (commencing January 14, 2025, and expiring January 27, 2035) offers exceptional long-term stability. The property benefits from its strategic location within a rapidly expanding area of Fort Worth, experiencing significant population growth and new retail development. Nearby developments include a new Target and a planned H-E-B, along with numerous residential and multi-family projects. The high average household income within a one-mile radius further underscores the property's strong investment potential. This single-tenant, 100% occupied building, constructed in 2025, offers a compelling price per square foot of $1,320.83, representing a total asking price of $2,945,455. The property's prime location and strong tenant covenant make it an ideal addition to any diversified real estate portfolio. This is a rare opportunity to acquire a high-performing asset in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4202
- Latitude
- 32.6076
