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2101 Sycamore School Rd
Fort Worth, TX 76134
Wendy's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Four (4) Tenant Renewal Periods of Five (5) Years Each
  • Affluent Suburban Community | Average Household Income Exceeds$77,000 Within a Three-Mile Radius
  • Attractive Rental Increases | 10.00% Every Five (5) Years
  • Ideally Situated As An Outparcel to a WinCo Foods and Surrounded by Other Major National Tenants Including: Starbucks, Burger King, Subway, Family D
  • Strong Demographics | Population within a 5-Mile Radius is More Than 247,000

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,269 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.99 AC
Zoning
F1 - Real Commercial
Parking
38 Spaces (16.75 Spaces per 1,000 SF Leased)
Frontage
270’ on Sycamore School Road

AMENITIES

  • Drive Thru

ABOUT 2101 SYCAMORE SCHOOL RD , FORT WORTH, TX 76134

The subject investment property is situated along Sycamore School Road, which experiences average daily traffic counts of approximately 33,000 vehicles. Intersecting Sycamore School Road is Crowley Road which brings an additional 31,000 vehicles past the property daily. There are more than 104,000 individuals residing within a three-mile radius of the property and more than 247,000 individuals within a five-mile radius, with the population projected to increase in the next 5 years. Additionally, this Wendy’s benefits from its location in an affluent neighborhood with over $77,000 average household income in a three-mile radius. This property is an outparcel to a WinCo Foods and is strategically located in a dense retail corridor near major national and local tenants which include: Walmart, Walgreens, The Home Depot, Family Dollar, McDonald’s, Taco Bell, Albertsons, Panda Express, Valero, Papa John’s, Starbucks and many others. This property also benefits from being in close proximity to three schools, Sycamore Elementary School, Parkway Elementary School and Meadowcreek Elementary School, which have a combined enrollment of over 2,000 students. This Wendy’s is also located close to many hospitals including Texas Health Huguley Hospital, Graham Regional Medical Center, and Baylor Scott & White Emergency Hospital, all within a five-mile radius. Fort Worth is the 15th-largest city in the United States and the fifth-largest city in the state of Texas. It is the county seat of Tarrant County, covering nearly 350 square miles into four other counties: Denton, Johnson, Parker and Wise. According to the 2018 census estimates, Fort Worth's population is approximately 900,000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The Fort Worth Museum of Science and History, designed by famed architect Ricardo Legorreta of Mexico, engages the diverse Fort Worth community through creative, vibrant programs and exhibits. The Dallas–Fort Worth metroplex (officially designated the Dallas–Fort Worth–Arlington, TX Metropolitan Statistical Area) encompasses 13 counties within the U.S. state of Texas. It is the economic and cultural hub of the regions of North Texas, and it is the largest inland metropolitan area in the United States. The region's economy is primarily based on banking, commerce, telecommunications, technology, energy, healthcare and medical research, and transportation and logistics.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41655788
Land Assessment
$862,314
Improvements Assessment
$685,984
Total Assessment
$1,548,298
  • Listing ID: 19129763

  • Date on Market: 4/6/2020

  • Last Updated:

  • Address: 2101 Sycamore School Rd, Fort Worth, TX 76134

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