6645 Westworth Blvd - Fast Food FOR SALE


Westworth Village, TX 76114
$3,272,727 USD
214-545-6971
6645 Westworth Blvd, Westworth Village, TX for Sale
$3,272,727 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

6645 Westworth Blvd
Westworth Village, TX 76114


HIGHLIGHTS

  • Absolute net lease – zero landlord responsibilities
  • Sole Dairy Queen location in the City of Westworth Village
  • Daytime population of 223,861 within a 5-mile radius of the Property
  • 15-year sale leaseback
  • Projected household incomes within a 5-mile radius to exceed $111,000 by 2028
  • Strong tenant – DQ is a nationally recognized company and operates 7,500+ stores worldwide

OVERVIEW

Dairy Queen (The “Property”) is a 2,685 square foot free standing restaurant located on Westworth Blvd in Westworth Village, TX. The Property has a prime location in a dense residential and retail area that offers easy access to Westworth Blvd and I-30 and is positioned caddy corner to a Walmart and Sam’s Club anchored power center. The term of the Property’s lease will begin at the close of escrow and continue for 15 years with 3 additional 5-year renewal options with 2% annual bumps in rent. The Property offers a rare opportunity for a long-term, stabilized cash flow from a nationally recognized company.

FOR SALE DETAILS

PRICE

$3,272,727 USD

PRICE/SF

$1,219 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

F1 Commercial

APN/PARCEL ID

42430494

ASK ABOUT THIS PROPERTY

Greg PhelpsEDGE Realty Capital MarketsMore Info
214-545-6971

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Greg PhelpsEDGE Realty Capital MarketsMore Info
214-545-6971

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