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29945025
29945026

1050 N Beach St, Fort Worth, TX 76111 For Sale

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
CT
CA 303918
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$2,955,000
149 days on market
Updated 29 days ago

POPEYES W/ DRIVE THRU | 20 YEAR ABSOLUTE NET LEASE

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,465
Cap Rate 5.25%
NOI $155,000
Tenancy Single
Brand/Tenant Chick-fil-A, Popeyes (+3)
Lease Type Absolute NNN
Lease Expiration 12/31/2045
Remaining Term 19.5
Rent Bumps Yes
Price per SqFt $1,199
Class A
Year Built 2025
Acreage 0.910
Investment Type Net Lease
Tenant Credit Franchisee

Retail | 5.25% CAP | 2,465 SqFt

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310641/popeyes

Investment highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2025 High Quality Construction w/ Drive-Thru.

  • Positioned Along Area’s Retail and Traffic Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 33k Vehicles. Immediate Access to/from State Hwy 121 (103k+ VPD).

  • State Highway 121 is a Major Regional Corridor Connecting Fort Worth to Hurst, Bedford, Grapevine, and DFW International Airport, Enhancing Commuter and Consumer Accessibility.

  • Densely Populated Area: Features more than 253k+ People Residing w/in a 5-Mile Radius. Fort Worth is one of the Fastest-Growing Cities in the United States, Consistently Ranking High in Population, Employment, and Residential Expansion.

  • Minutes from Downtown Fort Worth Employment and Civic Core - Located Approximately Ten Minutes from Downtown Fort Worth, home to Major Employers, Government Offices, and Cultural Anchors that Drive Consistent Daytime and Evening Activity.

  • Proximity to Fort Worth Stockyards Major Tourism Engine - Just a Short Drive from the Fort Worth Stockyards, One of Texas’ most Visited Destinations, Drawing Millions of Annual Visitors and Supporting Strong Area Traffic Volumes.

  • Near Meacham International Airport and Industrial Employment Base - Located Close to Fort Worth Meacham International Airport and Surrounding Aviation, Logistics, and Industrial Employers Supporting a Strong Workforce Population.

  • High-Exposure Infill Location Along N Beach Street Retail Corridor - Positioned Along N Beach Street, a Major North–South Arterial Serving Daily Commuters and Neighborhood Traffic Between Downtown Fort Worth and Northeast Fort Worth Residential Nodes. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
CT
CA 303918
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$155,000.00
$12,916.67/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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