3809 E BELKNAP ST Fort Worth TX 76111

The subject property is a 13,823 square foot building, leased to Walgreens (WBA) on an absolute NNN lease. The tenant has a newly extended 15 year lease term starting September 2023. The lease comes with twelve, 5 year option periods with 5% increases every 5 years. The site benefits from traffic counts in excess of 31,000 vpd on a hard corner with excellent ingress and egress points. The asset is located on a major commercial thoroughfare with neighboring tenants that include Domino's Pizza, Sammies Bar-B-Q, El Rancho Supermercado and a Walmart Shadowed Supercenter down the road

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13thlargest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles (910 km2) into four other counties: Denton, Johnson, Parker, and Wise. According to a 2022 United States census estimate, Fort Worth's population was 958,692. Fort Worth is the second largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth most populous metropolitan area in the United States. The city of Fort Worth was established in 1849 as an army outpost on a bluff overlooking the Trinity River. Fort Worth has historically been a center of the Texas Longhorn cattle trade. It still embraces its Western heritage and traditional architecture and design. USS Fort Worth (LCS-3) is the first ship of the United States Navy named after the city. Nearby Dallas has held a population majority as long as records have been kept, yet Fort Worth has become one of the fastest-growing cities in the United States at the beginning of the 21st century, nearly doubling its population since 2000.

• New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years

• Zero Landlord Obligations

• Corporate Guarantee - NASDAQ:WBA

• S&P Rated BBB Investment Grade Credit

• Income Tax Free State

• Hard Corner Location with Exposure to 31,000+ VPD

• Located on a Major Commercial Thoroughfare

• Less than 10 Minutes from Downtown Fort Worth Area

• Neighboring tenants that include Domino's Pizza, Sammies Bar-B-Q, El Rancho Supermercado and a Walmart Shadowed Supercenter down the road