7304 Denton Hwy | Watauga, TX 76148
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- LoopNet Team
7304 Denton Hwy
Watauga, TX 76148
CosMc's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11-Year Corporate Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years, Plus (5), 5-Year Options to Renew
- Oversized Parcel of 1.23 Acres Located on Denton Highway- Denton Highway Sees Over 45,000+ VPD as it Connects Fort Worth to Denton.
- New McDonalds Concept that has the McDonald’s Corporate Guarantee. This is the 3rd CosMc’s Location Open in the Country and 2nd in DFW.
- Rare 10% Rent Increase in 2025. This Would Make the Cap Rate 4.40% After the First Year of Ownership.
- High Growth and Affluent Area – Over 311,000 Residents and an Average HH Income Over $137,000 within a 5 mile Radius.
- Watauga | Inner Suburb of Fort Worth, TX | Population: 23,050+
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,782 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.23 AC
AMENITIES
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 42011718 | Improvements Assessment | $948,718 |
| Land Assessment | $751,282 | Total Assessment | $1,700,000 |
PROPERTY TAXES
Parcel Number
42011718
Land Assessment
$751,282
Improvements Assessment
$948,718
Total Assessment
$1,700,000
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