8651 Anderson Blvd Fort Worth, TX 76120-3895
Property profile & analytics
8651 Anderson Blvd Fort Worth, TX 76120-3895
- Drive through restaurants
- 2,909 SF
- 0.73 lot acres
Property ID
US82-0174974
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 8651 Anderson Blvd
- Year built
- 2000
- Lot size
- 0.73 lot acres
- Property size
- 2,909 SF
- Property type
- Drive through restaurants
- APN
- 10620-12-3A
- APU
- 10620123A
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1676
- Latitude
- 32.7629
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,462
$735,126
$1,162,308
$1,897,434
-
$735,126
$1,162,308
$1,897,434
