0 Brewer & Mcpherson IntersectionFort Worth, TX 76123

For Sale
$2,945,455

High-yield Fort Worth retail investment

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a brand-new, 2,230-square-foot Starbucks located at the Brewer & McPherson intersection in Fort Worth, Texas, zip code 76123. The property sits on a 0.86-acre lot and boasts a strong 5.50% cap rate, generating a net operating income (NOI) of $162,000. Secured by a credit-rated corporate guarantee, the 10-year net lease (commencing January 14, 2025, and expiring January 27, 2035) offers exceptional long-term stability. The property benefits from its strategic location within a rapidly expanding area of Fort Worth, experiencing significant population growth and new retail development. Nearby developments include a new Target and a planned H-E-B, along with numerous residential and multi-family projects. The high average household income within a one-mile radius further underscores the property's strong investment potential. This single-tenant, 100% occupied building, constructed in 2025, offers a compelling price per square foot of $1,320.83, representing a total asking price of $2,945,455. The property's prime location and strong tenant covenant make it an ideal addition to any diversified real estate portfolio. This is a rare opportunity to acquire a high-performing asset in a thriving market.

Highlights

  • Brand new, 2,230 SF Starbucks in Fort Worth, TX (76123), at Brewer & McPherson intersection.
  • Located in a high-growth area of Fort Worth with significant new retail and residential development, including a new Target and planned H-E-B.
  • Strong tenant (Starbucks) with a 10-year net lease (commencing January 14, 2025) and corporate guarantee.
  • Exceptional investment metrics: 5.50% cap rate, $162,000 NOI, and $1,320.83 price per square foot.
  • High average household income ($140K+) within a one-mile radius.

Property Details for 0 Brewer & Mcpherson Intersection

Property type
Other retail properties, Restaurants
Square Feet
2,230 SF
Year Built
2025
Buildings
1
Lot Size (sq. ft)
37,462 SF
Units
1

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.6076338
Longitude
-97.4202461
Brewer & Mcpherson Intersection, Fort Worth, Texas

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0 Brewer & Mcpherson Intersection
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