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7320 Kingswood Dr
Fort Worth, TX 76133
Retail Property For Sale
Investment Highlights
- Long-term historical occupancy: Service King has been operating at this location for 17 years
- Four (4) rental increases throughout the new 20-year term (details in Lease Abstract)
- Absolute net lease, zero Landlord responsibilities whatsoever
- Dedication to the site: Service King will exercise a ~16 year extension upon sale for a total of 20 years of lease term
- Attractive below market rent of $11.02 PSF (NNN market rent is $14.69 PSF
- One parcel off of hard corner of Kingswood Drive and S. Hulen Street
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,866 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.80 AC
Zoning
F1 - Commercial
Parking
79 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
221’ on Kingswood Drive
Property Taxes
| Parcel Number | 40035999 | Improvements Assessment | $1,810,419 |
| Land Assessment | $568,581 | Total Assessment | $2,379,000 |
Property Taxes
Parcel Number
40035999
Land Assessment
$568,581
Improvements Assessment
$1,810,419
Total Assessment
$2,379,000
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