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POPEYES w/ DR-THRU | 20 YR ABSOLUTE NET LEASE 1050 N Beach St 2,465 SF Retail Building Fort Worth, TX 76111 $2,955,000 ($1,198.78/SF) 5.25% Cap Rate
Investment Highlights
- 20 Year Absolute Net Lease feat. 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2025 High Quality Construction.
- State Highway 121 is a Major Regional Corridor Connecting Fort Worth to Hurst, Bedford, Grapevine, and DFW International Airport.
- Minutes from Downtown Fort Worth Employment and Civic Core - Located Approximately Ten Minutes from Downtown Fort Worth, home to Major Employers, etc
- Positioned Along Area’s Retail and Traffic Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 33k Vehicles.
- Densely Populated Area: Features more than 253k+ People Residing w/in a 5-Mile Radius. Fort Worth is one of the Fastest-Growing Cities in the U.S.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Executive Summary
Popeyes w/ Dr-Thru | 20 Year Absolute Net Lease | Brand New 2025 Construction | Prime Infill Location | Immediate Access to/from State Hwy-121 | Across from Walmart Supercenter | Near Meacham International Airport & Industrial Employment Base | Qualifies for Accelerated Depreciation | Minutes from Downtown Fort Worth Employment and Civic Core
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,465 SF
Building Class
C
Year Built
2025
Price
$2,955,000
Price Per SF
$1,198.78
Cap Rate
5.25%
NOI
$155,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.91 AC
Amenities
- Signage
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Popeyes
- Retailer
- 2,465 SF
- -
- Triple Net
- Dec 2045
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Popeyes | Retailer | 2,465 SF | - | Triple Net | Dec 2045 |
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05898943 | Improvements Assessment | $87,162 |
| Land Assessment | $396,000 | Total Assessment | $483,162 |
Property Taxes
Parcel Number
05898943
Land Assessment
$396,000
Improvements Assessment
$87,162
Total Assessment
$483,162
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POPEYES w/ DR-THRU | 20 YR ABSOLUTE NET LEASE | 1050 N Beach St
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