8651 Anderson Blvd Fort Worth, TX 76120-3895
This exceptional investment opportunity presents a single-tenant, 2,905 square foot Starbucks drive-thru located at 8651 Anderson Blvd, Fort Worth, TX 76120. The property, built in 2001 and renovated in 2024, sits on a 0.74-acre lot and benefits from a strong 10.1-year lease (commencing January 22, 2024 and expiring February 28, 2034) with a corporate guarantee from Starbucks, an investment-grade tenant. The lease includes 10% rent bumps every five years and four or five-year option periods. The current net operating income (NOI) is $163,000, resulting in a 5.00% cap rate. This strategically positioned property is an outparcel to a Walmart Supercenter and Sam's Club, across from Lowe's, and near the Eastchase Market shopping mall, boasting numerous national retailers. The property enjoys high visibility due to its location on the hard corner of Anderson Blvd and Eastchase Pkwy, with approximately 26,955 vehicles per day passing by, and proximity to I-30 (approximately 134,174 vehicles per day). The surrounding area features strong demographics, including an average household income of $105,038 and a population of 76,561 within a three-mile radius. Furthermore, the property's proximity to The University of Texas at Arlington (approximately 12 minutes away), Texas Health Arlington Memorial Hospital, and major sporting venues adds to its appeal. This is a rare opportunity, as Starbucks maintains the common area, making it a truly hands-off investment.
-
Starbucks Cafe & Coffee Shop
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.