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32455228
32455227

901 N SYLVANIA AVE, FORT WORTH, TX 76111-2461 For Sale

KK
TX 9016033
KHALiL REAL ESTATE
Listed by KHALiL REAL ESTATE
$949,000
69 days on market
Updated 69 days ago

901 N SYLVANIA AVE FORT WORTH TX 76111-2461

Details
APN 43110854
Property Type Retail, Office
Sub Type Storefront, QSR/Fast Food (+1)
Square Footage 3,540
Net Rentable (SqFt) 3,540
Occupancy 100%
Tenancy Multi
Brand/Tenant T-Mobile
Lease Type Absolute NNN
Lease Term 5
Lease Expiration 04/08/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 5-Year option to renew
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $61,492
Class B
Year Built 2004
Buildings 1
Lot Size (SqFt) 11,879
Zoning Retail/Office
Investment Type Stabilized
Lease Commencement 01/01/2021
Ground Lease No

100% Leased | National Tenants | Passive NNN Asset

Marketing description

Exceptional investment opportunity in Fort Worth featuring a highly attractive, well-maintained retail asset with strong national-brand tenancy and dependable cash flow. The property is leased to MetroPCS, occupying approximately 840 SF, with a franchise operator that operates over 400 stores nationwide, along with Ascend Staffing, occupying approximately 2,700 SF, a well-established company with more than 50 offices across the country. Both tenants offer the type of stability, reliability, and low-management ownership profile investors seek in a long-term NNN asset. The building presents extremely well with an attractive elevation, arches throughout, strong curb appeal, and excellent overall condition due to consistent maintenance and upkeep. This is an ideal opportunity for an investor looking to park capital in a stress-free asset with strong tenancy, dependable income, and long-term ownership appeal, including buyers seeking a quality 1031 exchange replacement property. Strategically located in Fort Worth near Highway 35W, Highway 121, and Highway 183, the asset benefits from strong accessibility, desirable positioning, and a building profile that appeals to established retail and service-oriented users. The property is being offered on a pro forma basis, presenting investors with stable in-place tenancy today along with future income growth potential and long-term upside.

Investment highlights

  • Strong tenant mix featuring MetroPCS and Ascend Staffing, both established national operators.
  • MetroPCS franchise tenant is backed by an operator with over 400 stores nationwide.
  • Ascend Staffing operates more than 50 offices nationally.
  • low-management NNN asset for passive investors or 1031 exchange buyers seeking stable income.
  • Offered on a pro forma basis with stable in-place tenancy and future income growth potential.
  • Prime Fort Worth investment opportunity with strong access near Hwy 35W, Hwy 121, and Hwy 183.

Listing Contacts

KK
TX 9016033
KHALiL REAL ESTATE
Listed by KHALiL REAL ESTATE

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Additional Information

Name
Karam Khalil
License
9016033
Brokerage
KHALiL REAL ESTATE
Brokerage Phone
8178812662
Title
President
Brokerage Address
99 Regency Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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