7-ELEVEN

Representative Photo

Representative Photo

Address: 13171 NW Hwy 287, Fort Worth, TX 75179

Price: $5,671,000

NOI: $269,334

Building Size: +/- 3,062 SF

Lot Size: +/- 1.14 Acres

Type: Convenience & Fuel

Russel Smith

214.915.8890

Bob Moorhead

214.915.8890


 

INVESTMENT OVERVIEW

New 15 year absolute triple net lease with four (5-year) options to renew, creating a stable cash flow asset with no landlord responsibilities.
10% rent increases beginning in year 10 and every 5 years thereafter, providing a strong hedge against inflation.
The property is strategically located at an exit of Hwy 287 (28,000 VPD) in north Fort Worth, TX and lies along the east-west retail corridor of Avondale Haslet Rd.
35% population growth in the 3 mi trade area since 2000 and average household income of $124,478.