Restaurant
MOD Pizza
1325 N US Hwy 377, Roanoke, TX 76262
Listing Price: $2,609,000
Investment Overview
MOD Pizza is an American chain of restaurants, headquartered in Seattle, Washington. MOD Pizza operates, franchises, and/or licenses more than 560 stores in the United States, Canada, and the United Kingdom.
Fort Worth is expected to record population gains over the next five years that notably exceed the national rate, driving demand for housing. The Greater Fort Worth Area is home to several higher education institutions, including the University of Texas at Arlington and Texas Christian University, which supply an educated labor force.
MOD Pizza
Investment Highlights
- Over 7.5 Years Remaining on Lease Term with Corporate Guarantee
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Property Recently Underwent Renovations in 2022
- Estimated 70,000 Residents in a Five-Mile Radius within the Fort Worth Metro
- Household and Population Projected to Grow 13 Percent within the Next Five Years
- Average Household Income Exceeds $170,000 within a Five-Mile Radius
- Located Along Highway 377 and Highway 114, Easily Accessible by Over 84,000 Cars per Day
- Located 22 Miles from Downtown Fort Worth and 33 Miles from Downtown Dallas
Listing Price: $2,609,000
Investment Highlights
- Over 7.5 Years Remaining on Lease Term with Corporate Guarantee
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Property Recently Underwent Renovations in 2022
- Estimated 70,000 Residents in a Five-Mile Radius within the Fort Worth Metro
- Household and Population Projected to Grow 13 Percent within the Next Five Years
- Average Household Income Exceeds $170,000 within a Five-Mile Radius
- Located Along Highway 377 and Highway 114, Easily Accessible by Over 84,000 Cars per Day
- Located 22 Miles from Downtown Fort Worth and 33 Miles from Downtown Dallas
Investment Overview
MOD Pizza is an American chain of restaurants, headquartered in Seattle, Washington. MOD Pizza operates, franchises, and/or licenses more than 560 stores in the United States, Canada, and the United Kingdom. Fort Worth is expected to record population gains over the next five years that notably exceed the national rate, driving demand for housing. The Greater Fort Worth Area is home to several higher education institutions, including the University of Texas at Arlington and Texas Christian University, which supply an educated labor force.
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