5516 Denton HwyHaltom City, TX 76148
Texas QSR, 6% Cap Rate, NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $2,861,000 asking price for a 2,995 SF retail property in Haltom City, TX.
- Absolute NNN lease with a franchisee tenant, offering zero landlord responsibilities.
- 6.00% cap rate with a $171,633 NOI, 100% occupancy, and a $955.26 price per square foot.
- 15-year sale-leaseback with three 5-year renewal options and 10% rent increases every 5 years.
- Located on Denton Hwy (41,500 VPD) with access to I-820 (168,700 VPD), near major retailers like Walmart and Home Depot.
Property Details for 5516 Denton Hwy
- Property type
- Other retail properties, Restaurants
- Square Feet
- 2,995 SF
- Year Built
- 2020
- Lot Size (sq. ft)
- 58,370 SF
Location Insight
- City
- Haltom City
- County
- Tarrant
- State
- Texas
- Latitude
- 32.8462888
- Longitude
- -97.2633261
Nearby Similar for Sale
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