Northern Tool + Equipment
Absolute Net Lease | Corporate Lease | Affluent Surrounding Area
Investment highlights
• Absolute net lease | Zero landlord responsibilities
• Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.
• Great visibility from I-35W | 147,457 VPD
• Located inside of dense retail corridor | 1.0M SF within a 2-mile radius
• Long operating history | Leased since 2006
• The tenant agreed to extend the lease for 10 years in 2021, showing their commitment to this location.
• Large parcel | 3.20 acres
• Strong population growth within 1-mile | 50.79% from 2010-2025
• Attractive population density within a 5-mile radius | 216,619 residents
• Large industrial presence nearby | 21.8M SF of space within a 2-mile radius
• Stable projected population growth over the next 5 years | 14.16% growth within a 3-mile radius
• Affluent surrounding area | $92,862 average household income within a 1-mile radius
• 10 minutes from Texas Health Huguley Hospital | 291 beds
• 15 minutes from Texas Christian University | 12,980 students
• Within 15 minutes from Crowley High School, South Hills High School, and Burleson High School | 6,000 students combined
• 20 minutes from Fort Worth Meacham International Airport | 238 flights per day
• Nearby destination retailers | Sam’s Club, Home Depot, Lowe’s, Kohl’s, Academy Sports + Outdoors, Olive Garden, Chili’s, Buffalo Wild Wings, Texas Roadhouse, Chick-fil-A, Starbucks, McDonald’s, Whataburger, Panda Express, Taco Bell, Sonic, Dunkin’, Firehouse Subs, McAlister’s Deli, 7-Eleven, and more
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