4501 Wj Boaz Rd - Storefront FOR SALE


Fort Worth, TX 76179- Marine Creek
$1,875,000 USD
817-800-5058
4501 Wj Boaz Rd, Fort Worth, TX for Sale
$1,875,000 USD
Storefront - FOR SALE
1/6
null | 6% Cap Rate

4501 Wj Boaz Rd
Fort Worth, TX 76179
Marine Creek


HIGHLIGHTS

  • Ranked in the Top 7% of all Dollar General stores nationally, Top 10% statewide and 5th top visited store out of 46 in a 15-mile radius per Placer.ai
  • Urban in-fill location with extensive residential adjacent
  • Ten (10) years of remaining lease term on original fifteen (15) year lease
  • Absolute triple net with no landlord responsibilites
  • Three, 5-year renewal options with 10% increases each
  • Affordable below market rent of approx. $12.00 PSF

OVERVIEW

Offering Memorandum Coming Soon! Transwestern National Net Lease | Sale Leaseback Group is pleased to present a rare opportunity to acquire a Dollar General ranked as one of the top visited Dollar General properties locally, statewide and nationally, according to Placer.ai data. The property, located at 4501 W.J. Boaz Road, Fort Worth, Texas 76179 is, according to Placer.ai reports, ranks as the 5th top visited Dollar General store out of 46 stores within a 15-mile radius, ranks in the top 10% statewide and top 7% out of all the Dollar General stores nationwide with a ranking of 1,161st out of nearly 19,000 stores across the country (Placer.ai report available upon request). The Property was completed in April 2020 on a fifteen (15) year initial lease term which runs through April 2035 and is structured as absolute triple net providing a truly passive investment for an investor with no landlord responsibilities. The store is located at the southwest corner of the signalized intersection of Old Decatur Road and W.J. Boaz just north of a CubeSmart self-storage facility and amidst a strong residential area. The Property is located 12 miles north/northwest of downtown Fort Worth in the growing north Fort Worth sector. With the population of Fort Worth fast approaching 1 million residents it is now the 12th largest city in the U.S., and Fort Worth is projected to grow to more than 1.2 million in the next 20 years. North Fort Worth is also one of the most dynamic segments of the City with growth spurred by the growing 27,000-acre AllianceTexas development. Dollar General is a publicly traded company (NYSE: DG) and an investment grade tenant (S&P: BBB). Headquartered in Goodlettsville, Tennessee, Dollar General’s gross revenue for 2023 exceeded $38.7 billion with operating profit of $2.4 billion. Dollar General operates more than 19,000 stores with plans to open 800 more and remodel an additional 1,500 stores in 2024.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

"E" Commercial

APN/PARCEL ID

42623977

ASK ABOUT THIS PROPERTY

Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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