9967 Blue Mound Rd Fort Worth, TX 76131-3306
This exceptional 12,002 square foot, multi-tenant retail investment property, built in 2024, is situated on a 1.56-acre lot at 9967 Blue Mound Rd, Fort Worth, TX 76131, in the thriving Dallas-Fort Worth MSA. The property boasts a strong mix of six internet-resistant tenants, including Jersey Mike's Subs, Taco Bueno, ProSmiles Dental, Blue Mound Nail Spa, Mynt Barbershop, and Blue Mound Liquor, all operating under long-term 10-year NNN leases with no rollover until 2034. These leases include favorable annual rent increases averaging over 2%, offering excellent inflation protection. The property generates a substantial NOI of $435,257, representing a 6.50% cap rate on the $6,700,000 asking price. Located in a high-growth area with a dense, affluent population, the property benefits from strong demographics: 210,009 people within a 5-mile radius, with an average household income of $121,845. The area experienced a remarkable 370% population growth between 2010 and 2020. The Dallas-Fort Worth MSA consistently ranks among the top three US metro areas for business expansion, relocation, and employment growth, further solidifying this investment's potential. The property's location within Tarrant County, Texas, offers the added benefit of no state income tax. This is a turnkey investment opportunity in a prime location with exceptional growth prospects. The property features a drive-thru for added convenience. APN: 34234-31-6.
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
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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.