5516 Denton Hwy Fort Worth, TX 76148
This exceptional investment opportunity presents a fee-simple ownership of a 2,995 square foot Chicken Express restaurant in Haltom City, Texas. Built in 2020, this property boasts a 100% occupancy rate with a 15-year sale-leaseback agreement featuring three 5-year renewal options. The absolute NNN lease ensures zero landlord responsibilities, providing a passive income stream with scheduled 10% rent increases every five years, effectively hedging against inflation. The property sits on a 1.34-acre lot with 40 parking spaces and benefits from a prime location on Denton Highway (41,500 VPD) with convenient access to Interstate 820 (168,700 VPD). This high-traffic area is further enhanced by its proximity to major retail centers like Value Center (618,000 SF) and The Shoppes at Crown Point (178,000 SF), anchored by national retailers. The strong demographics of the 5-mile trade area, with a population exceeding 289,100 and an average household income of $108,081, contribute to the property's exceptional investment potential. The property's NOI is $171,633, resulting in a 6.00% cap rate, and is zoned C-2 Commercial. This is a turnkey investment with significant upside potential. The asking price is $2,861,000, offering a compelling price per square foot of $955.26. The property's APN is 4100-1-B1R1.
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Chicken Express Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.