6744 Loop 820, Fort Worth, TX 76135-4279
- Turn key restaurants
- 4,743 SF
- 2.02 lot acres
Current Use by Public Records
- Outback Steakhouse / Restaurant
Property Details for 6744 Loop 820
- Year built
- 2023
- Lot size
- 2.02 lot acres
- Property type
- Turn key restaurants
- APN
- 23557M-2-1R3A
- APU
- 23557M21R3A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 15, 2025 | — | Templeman Family Trust | Janice Templeman | Deed · related | — |
| Oct 28, 2025 | — | Janice Templeman | Bblw Investments LLC | Special Warranty Deed | — |
| Feb 21, 2024 | — | Outback Steakhouse Of Florida LLC | Bblw Investments LLC | Lease | — |
| Mar 31, 2023 | — | Bblw Investments LLC | Lq Development LLC | Special Warranty Deed | — |
| Sep 13, 2022 | — | Equal Thrust 13r1 LLC | Lq Development LLC | Correction Deed · related | — |
| Aug 31, 2022 | — | Equal Thrust 13 R1 LLC | Lq Development LLC | Special Warranty Deed | — |
Description
This exceptional investment opportunity presents a brand-new, 4,694 square foot Outback Steakhouse located in Fort Worth, Texas. The property sits on a 2.02-acre lot with ample parking (105 spaces) and boasts a 15-year absolute NNN ground lease commencing May 21, 2024, and expiring May 31, 2039, with four 5-year renewal options. The lease includes 10% rent bumps every five years, providing a strong hedge against inflation. The tenant, Outback Steakhouse, is backed by a corporate guarantee from Bloomin' Brands, Inc., a financially stable company with a significant presence in the restaurant industry. The property features a modern design and is situated in a high-traffic area with excellent demographics, including over 171,000 people within a 5-mile radius and an average household income exceeding $107,000 annually. The location benefits from proximity to major roadways (NW Loop 820 and Quebec Street), a Target-anchored shopping center, and Lockheed Martin's Aeronautics Headquarters. The property's strong tenant, long lease term, built-in rent increases, and prime location make it an attractive investment with a current NOI of $194,000 and a 5.00% cap rate. The asking price is $3,880,000, representing a price per square foot of $826.59. This fee-simple ownership opportunity is ideal for investors seeking a stable, high-performing asset in a desirable Texas market. The property is zoned commercial and was built in 2024. The APN is 42230649.
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Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4342
- Latitude
- 32.8013
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
