Skip to main content

Restaurant

Corp. Taco Bell w/ Dr-Thru | Strong Hwy Visibility | Fort Worth | 17+ Year Absolute Net Lease

4300 Hwy 360, Fort Worth, TX 76155

Listing Price: $2,062,500

Cap Rate
4.00%
Tenant Name
Taco Bell
Years Remaining On Lease
17.3
Gross SF
2,029
Guarantor
Corporate Guarantee
Rentable SF
2,029
Price/Gross SF
$1,016.51
Lease Type
NNN Ground Lease
Rent Per Square Feet
$40.66

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Investment Highlights

  • 17+ Year Absolute Net Ground Lease Featuring 10% Rental Increases Every Five Years Throughout the Initial Term and Options. Corporate Tenant subsidiary of YUM! Brands, Inc.
  • Positioned Along Area's Major Traffic, Retail and Industrial Corridor. Features Easy Access and Excellent Visibility with a Prominent Pylon Signage at a Signalized Prime Hard Corner.
  • In Close Proximity to American Airlines Integrated Operation Center - The 150k+ SF Facility Serves as the Nerve Center for AA's Global Network and Houses 1,400+ Employees.
  • Near DFW International Airport - The Fourth Busiest Airport in the World and the Primary International Airport Serving the Dallas–Fort Worth Metroplex Area with more than 75M Passengers Annually.
  • The Local Economy has added Jobs at one of the Fastest Rates in the Nation, Averaging more than 100k Per Year since 2012, Outpacing the National Economy and Resetting the Bar for Market Performance.
  • Densely Populated and Affluent Fort Worth Suburb: Features an Average Household Income of more than $83k and more than 245k People Residing within a 5-Mile Radius.
  • Part of the 14-Acre CentrePort Station Development which Features a Brand New 116-Room Hampton Inn, 174-Room Candlewood Suites, 125-Room Holiday Inn, a 33k Sq.Ft. Starbucks Anchored Retail Center, McDonald's, and several other Retailers.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Restaurant

Corp. Taco Bell w/ Dr-Thru | Strong Hwy Visibility | Fort Worth | 17+ Year Absolute Net Lease

Listing Price: $2,062,500

Cap Rate
4.00%
Tenant Name
Taco Bell
Years Remaining On Lease
17.3
Gross SF
2,029
Guarantor
Corporate Guarantee
Rentable SF
2,029
Price/Gross SF
$1,016.51
Lease Type
NNN Ground Lease
Rent Per Square Feet
$40.66

Investment Highlights

  • 17+ Year Absolute Net Ground Lease Featuring 10% Rental Increases Every Five Years Throughout the Initial Term and Options. Corporate Tenant subsidiary of YUM! Brands, Inc.
  • Positioned Along Area's Major Traffic, Retail and Industrial Corridor. Features Easy Access and Excellent Visibility with a Prominent Pylon Signage at a Signalized Prime Hard Corner.
  • In Close Proximity to American Airlines Integrated Operation Center - The 150k+ SF Facility Serves as the Nerve Center for AA's Global Network and Houses 1,400+ Employees.
  • Near DFW International Airport - The Fourth Busiest Airport in the World and the Primary International Airport Serving the Dallas–Fort Worth Metroplex Area with more than 75M Passengers Annually.
  • The Local Economy has added Jobs at one of the Fastest Rates in the Nation, Averaging more than 100k Per Year since 2012, Outpacing the National Economy and Resetting the Bar for Market Performance.
  • Densely Populated and Affluent Fort Worth Suburb: Features an Average Household Income of more than $83k and more than 245k People Residing within a 5-Mile Radius.
  • Part of the 14-Acre CentrePort Station Development which Features a Brand New 116-Room Hampton Inn, 174-Room Candlewood Suites, 125-Room Holiday Inn, a 33k Sq.Ft. Starbucks Anchored Retail Center, McDonald's, and several other Retailers.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

MM Texture Background
MM Textured Background Lower