5728 Boat Clb Rd Fort Worth, TX 76179-7754
- Turn key restaurants
- 9,367 SF
- 3.13 lot acres
Sep 28, 2022
Current Use by Public Records
- Boo Ray's of New Orlean's / Cajun Restaurant / Restaurant
Property Details for 5728 Boat Clb Rd
- Year built
- 2017
- Lot size
- 3.13 lot acres
- Property size
- 9,367 SF
- Property type
- Turn key restaurants
- APN
- 45425-1-1R1
- APU
- 4542511R1
Description
This exceptional investment opportunity presents three high-quality retail buildings totaling 27,004 square feet, strategically located in the thriving Texas market. Priced at $12,463,385, this portfolio offers a compelling year-one cap rate of 6.5%. The properties benefit from a 10-year true triple net lease, minimizing owner responsibilities for operating expenses, taxes, and maintenance, ensuring a stable and predictable income stream. Annual base rent increases of 1.5% are built into the lease, providing protection against inflation and enhancing long-term profitability. Each building is available for individual purchase, offering investors unparalleled flexibility to tailor their investment strategy. The properties enjoy excellent connectivity, situated within 20 minutes of Fort Worth, 30 minutes of Alliance, and 40 minutes of DFW Airport, maximizing tenant appeal and ensuring sustained demand. The portfolio includes properties located at 5728 Boat Club Rd, Fort Worth, TX 76179; 201 Hudson Oaks Dr, Hudson Oaks, TX 76087; and 316 E Main St, Crowley, TX 76036. This sale is a sale-leaseback transaction. The price per square foot is $461.54. The total lot size across all three properties is 4.54 acres. This is a rare opportunity to acquire a well-positioned, income-producing retail portfolio with significant growth potential.
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
- -97.4245
- Latitude
- 32.8372
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA