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Starbucks & Chase Bank | NNN Leases 6543 Lake Worth Blvd 6,076 SF 100% Leased Retail Building Fort Worth, TX 76135 $5,436,000 ($894.67/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Investment Grade Tenants | Corporate Signatures | NNN Leases | New 5-Year Extensions
- Across From Lake Worth Towne Center | 5.1M Annual Visitors | Dense Retail Corridor | National/Credit Tenant Presence
- Located at Major, Signalized Intersection | Drive-Thru Equipped
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS Multi-Tenant Investments pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, drive-thru equipped, multi-tenant retail building investment property located in Fort Worth, Texas. The offering features a strong, e-commerce resistant tenant lineup of Starbucks and Chase Bank. Both tenants recently exercised a 5 year option to extend, with future 5-year options remaining, demonstrating commitment to the site. The leases are signed by their respective corporate entities, Starbucks Corporation (S&P: BBB+) and JPMorgan Chase Bank N.A. (S&P: AA-). The tenants operate under NNN leases, limiting expense leakage for a future investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,076 SF
Building Class
B
Year Built
2006
Price
$5,436,000
Price Per SF
$894.67
Cap Rate
6%
NOI
$326,151
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.48 AC
Zoning
Planned Commercial
Parking
66 Spaces (10.86 Spaces per 1,000 SF Leased)
Frontage
121’ on Charbonneau Street
AMENITIES
- Banking
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
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Starbucks & Chase Bank | NNN Leases | 6543 Lake Worth Blvd
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