12613 South Fwy - Freestanding FOR SALE


Burleson, TX 76028
$4,736,000 USD
480-221-4221
12613 South Fwy, Burleson, TX for Sale
$4,736,000 USD
Freestanding - FOR SALE
1/8
null | 6.25% Cap Rate

12613 South Fwy
Burleson, TX 76028


HIGHLIGHTS

  • New 10 Year Leases | Brand New Construction | Scheduled Rental Increases and Options
  • Located Along E. Rendon Crowley Road | Ample Parking |Direct Access to I-35W (133,000 VPD)
  • Southgate Marketplace | Gateway Station (368,000 SF) |McAlister Square (193,000 SF) | Primary Retail Corridor

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) in a NNN leased, newly constructed, two-tenant retail building investment property located in Fort Worth, Texas. The tenants, Black Bear Diner and Club Pilates, recently signed brand new 10-year leases with additional options to extend, demonstrating their commitment to the site. All leases feature a 10% rental increase in Year 6 of the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The leases are NNN with limited landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,736,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two-Tenant Retail | New Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

Commercial

APN/PARCEL ID

42690470

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.