2405 N Main St - Restaurant FOR SALE


Fort Worth, TX 76164
$2,426,000 USD
914-498-2225
2405 N Main St, Fort Worth, TX for Sale
$2,426,000 USD
Restaurant - FOR SALE
1/9
null | 6% Cap Rate

2405 N Main St
Fort Worth, TX 76164


HIGHLIGHTS

  • New 10 Year Lease | Options To Extend | Scheduled Rental Increases
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Fort Worth Stockyards Station | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area
  • Rare Dallas-Fort Worth Retail Opportunity | Stockyards Tourism | High Barriers To Entry
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Boot Barn investment property located in Fort Worth, Texas. The tenant, Boot Barn, Inc recently signed a brand new 10 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual increases throughout the initial term and throughout each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,426,000 USD

PRICE/SF

$539 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Mixed Use

APN/PARCEL ID

41679407

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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