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31223809
31223810

740 Adams Dr, Weatherford, TX 76086 For Sale

JD
CA 02001094
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
The Kase Group
Listed by The Kase Group
$3,263,040
118 days on market
Updated 53 days ago

Verizon

Details
Property Type Retail
Sub Type Storefront
Square Footage 4,500
Cap Rate 6.25%
NOI $203,940
Occupancy 100%
Tenancy Single
Brand/Tenant Verizon Wireless
Lease Type Net
Lease Expiration 01/31/2036
Remaining Term 9.5
Rent Bumps Yes
Lease Options Two, 5 Year Options
Price per SqFt $725
Acreage 1.000
Investment Type Net Lease

New 10 Year Term | 6.25% CAP | Scheduled Increases in Rent

Marketing description

This offering presents the opportunity to acquire a freestanding Verizon property in Weatherford, Texas, secured by a new 10-year lease extension beginning in February 2026. The lease includes a scheduled rent increase in Year 6 and two additional five-year renewal options.

The 4,500 square foot property is located within the Weatherford Ridge shopping center and benefits from excellent visibility along Interstate 20, which sees approximately 65,572 vehicles per day. It is also just minutes from State Highway 171, with traffic counts of 16,723 vehicles per day, providing convenient access to the greater Dallas–Fort Worth Metroplex.

The asset features a favorable lease structure with clearly defined maintenance responsibilities and generates a Net Operating Income of $203,940. Situated in Texas, a state with no income tax, the property offers investors a stable income stream in a growing, business-friendly market.

Investment highlights

New 10-Year Lease Extension with Cellular Sales

Scheduled Increases in Rent

Primary Retail Hub for Parker County

Direct Interstate 20 Access and Visibility

Strong Traffic Counts - 65,572 VPD

Rapidly Expanding Population Base

Income Tax Free State

Listing Contacts

JD
CA 02001094
The Kase Group
KA
TX 708586, GA 381358 (+3)
The Kase Group
The Kase Group
Listed by The Kase Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$203,940.00
$16,995.00/mo

Valuation Metrics

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DSCR
6.25%
Cap Rate
6.25%
ROI

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