Listed by Trinity Real Estate Investment Services
$2,273,335
Jefferson Dental
Details
APN 42430478
Property Type Retail, Office
Sub Type Pharmacy/Drug, Storefront
Square Footage 4,000
Units 1
Cap Rate 6%
NOI $136,400
Tenancy Single
Brand/Tenant Aspen Dental, Heartland Dental
Lease Type NN
Lease Term 10.4
Lease Expiration 01/08/2031
Remaining Term 4.5
Rent Bumps Yes
Lease Options Three (3), 5-Year; 10%
Price per SqFt $568
Year Built 2019
Acreage 0.590
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/08/2020
Ground Lease No
Retail | 6.0% CAP | 4,000 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Jefferson Dental & Orthodontics in Westworth, TX. This property is a DFW Metroplex asset offering 10% rent increases every five years through the primary term and options, with excellent visibility along Westworth Blvd where 32,000+ vehicles pass daily.
Property Website: https://trinityreis.com/listing/6515-westworth-blvd/
Investment highlights
- DFW Metroplex Jefferson Dental in Westworth Village, TX
- 10% Rent Increases Every 5 Years Throughout Primary Term and Options
- Great Visibility Along Westworth Blvd With 32,000+ Vehicles Passing Daily
- High-Density Trade Area With 229,000 Residents Within a 5-Mile Radius
- Affluent Suburban Community With $138K+ Avg. Household Income Within 1 Mile
- Surrounded by Major National Retailers Including Walmart, Target, Lowe's, Sam's, Starbucks, Chick-fil-A, and LA Fitness, Driving Consistent Traffic
- Just 6 Miles From Downtown Fort Worth, Serving 8.4M+ Metro Residents
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,400.00
$11,366.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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