5300 Golden Triangle Blvd Fort Worth, TX 76244-4406

Property Details for 5300 Golden Triangle Blvd

Lot size

3.81 lot acres

Property type

Commercial land

APN

A 70-3

APU

A703

Description

This exceptional investment opportunity presents a 3,236 square foot Hat Creek Burger restaurant located at 5300 Golden Triangle Boulevard, Fort Worth, Texas 76244. The property is situated on a 0.983-acre lot and benefits from an absolute NNN lease with a corporate guarantee, providing significant security for investors. The lease commenced July 1, 2020, and has a remaining term of 15.6 years, extending to June 30, 2040, with four 5-year renewal options. Annual rent escalations are set at 1.5%. The property boasts a strong 6.00% cap rate and a Net Operating Income (NOI) of $263,218, with an asking price of $4,387,000 ($1,355.69 per square foot). This build-to-suit location features a drive-thru and enjoys exceptional visibility and access along Golden Triangle Boulevard (18,000 AADT), positioned as an outparcel to a high-performing Walmart Supercenter attracting approximately 2.6 million visitors annually. The surrounding area demonstrates robust demographics, with an average household income of $147,983 within a 3-mile radius and a population of 240,801 within a 5-mile radius. The property's strategic location is further enhanced by its proximity to major retail centers, including Alliance Town Center and Presidio Town Crossing, and its adjacency to the recently renovated Keller Sports Park, a $30 million youth sports complex. This presents a compelling investment opportunity with significant long-term potential.