324 W Interstate 20
Weatherford, TX 76086
Hobby Lobby · Retail Property For Sale

Stan Johnson Company is pleased to offer for sale to qualified investors an attractive retail property 100% leased to Hobby Lobby located in Weatherford, Texas. Hobby Lobby is operating under a brand new Fifteen (15) year lease. The lease features Three (3), Five (5) year renewal options in addition to recurring rental increases. Hobby Lobby Fifteen (15) year lease term will commence upon completion of construction estimated in June of 2017. This provides the investor with a long-term, stable investment. As of December 2015, Hobby Lobby had total assets of $3.7 billion and a net worth of $5.1 billion. As a result of its highly productive store base, Hobby Lobby generates sufficient cash flows to not only grow its store base but to pay down debt. Weatherford is a city in Parker County, Texas. Located just 30 minutes west of Fort Worth, Weatherford is becoming one of the premier places to live in the North Texas area. Weatherford has become known for its community-oriented way of life that makes it one of the premier places in the Dallas-Fort Worth Metroplex to live and raise a family. Weatherford is an emerging Exurban City blending a historic downtown/western heritage, quality of living & quality schools, with new regional retail, commercial, distribution and industrial businesses. Weatherford is home to a historic shopping district full of antique, boutique and specialty stores as well as restaurants. Fort Worth is located in North Central Texas and is both the 17th-largest city in the United States and the fifth-largest city in the state of Texas. Along with Dallas, Fort Worth makes up the fourth most populous metropolitan area in the United States. Areas of Fort Worth are located in Tarrant, Denton, Parker, and Wise counties and the City of Fort Worth serves as the seat for Tarrant County. According to the 2013 census estimates, Fort Worth had a population of 792,727.