6645 Westworth Blvd, Westworth Village, TX 76114
- Drive through restaurants
- 3,170 SF
- 1.09 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 6645 Westworth Blvd
- Year built
- 2019
- Lot size
- 1.09 lot acres
- Property type
- Drive through restaurants
- APN
- 46457B-1-6
- APU
- 46457B16
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 28, 2022 | — | Ameriassets INC | — | Deed · related | $1.7M · First United Bank & Trust Co |
| Sep 28, 2020 | — | Ameriassets INC | — | Deed · related | $543k · One World Bk |
| — | — | Ameriassets INC | — | Deed Of Trust · related | $543k · One World Bk |
Description
This exceptional investment opportunity presents a 2,685 square foot, free-standing Dairy Queen restaurant in Westworth Village, Texas. Located at 6645 Westworth Blvd, this single-tenant property boasts a prime location in a thriving retail area, conveniently situated near a Walmart and Sam's Club. The property features a 15-year absolute NNN lease with three 5-year renewal options, ensuring a stable, long-term cash flow. Rent increases of 2% annually are built into the lease. Built in 2019, this one-story building sits on a 1.09-acre lot and benefits from a 5.50% cap rate and 100% occupancy. The property's strategic location within a densely populated area with high household incomes provides significant growth potential. The Dallas-Fort Worth metropolitan area's robust economy further enhances the investment's appeal. This is a rare chance to acquire a stabilized, high-performing asset with a nationally recognized tenant, offering a secure and lucrative investment for years to come. The property is zoned commercial and offers a significant return on investment. The sale-leaseback structure minimizes landlord responsibilities, making this an exceptionally attractive opportunity for passive income generation. The property is the sole Dairy Queen location within Westworth Village, ensuring market dominance. The projected household income within a 5-mile radius is expected to surpass $111,000 by 2028, indicating strong future growth prospects. This is a turnkey investment ready for immediate cash flow.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Westworth Village
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4275
- Latitude
- 32.7555
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
