7432 Denton HwyWatauga, TX 76148

For Sale
$2,099,900

Established Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional retail property, located at 7432 Denton Highway in Watauga, Texas, presents a unique investment opportunity. The 1.19-acre lot houses a well-established restaurant, benefiting from a high-traffic location on a busy road with over 33,000 vehicles passing daily. Built in 2002 and extensively renovated in 2021, the property boasts a modern interior featuring a new alarm system, fresh paint, updated lighting, new fixtures, and new booths. The roof, replaced in 2021, is the landlord's sole responsibility. The current lease agreement offers 5 years remaining on a 15-year term, with two additional 5-year options available. This turnkey operation is situated in the Northern Fort Worth area, within Tarrant County, and carries an asking price of $2,099,900. The property's zip code is 76148. This presents a compelling opportunity for investors seeking a stable, high-return investment in a thriving commercial area. The property type is retail.

Highlights

  • 1.19-acre retail property in Watauga, TX (76148), located on high-traffic Denton Highway (33,000+ vehicles daily).
  • Well-established restaurant on site.
  • Built in 2002, extensively renovated in 2021 (new alarm system, paint, lighting, fixtures, booths, and roof).
  • 5 years remaining on a 15-year lease with two 5-year options.
  • Asking price: $2,099,900.

Property Details for 7432 Denton Hwy

Property type
Other retail properties, Retail properties
Year Built/Renovated
2002/2021
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Watauga
County
Tarrant
State
Texas
Latitude
32.8791964
Longitude
-97.260635
7432 Denton Hwy, Watauga, Texas

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7432 Denton Hwy
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