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Bank

Wells Fargo (Recent Lease Renewal)

8600 N Beach St, Fort Worth, TX 76244

Listing Price: $2,685,000

Cap Rate
6.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
5.3
Gross SF
3,966
Guarantor
Corporate Guarantee
Rentable SF
3,966
Price/Gross SF
$677.00
Lease Type
Ground Lease
Rent Per Square Feet
$40.61

Investment Overview

Offered for sale is a corporate-guaranteed Wells Fargo ground lease in Fort Worth, Texas. The bank has operated at this location for over 20 years and recently extended its absolute NNN lease through May 2031, featuring 10% rent escalations every five years and zero landlord responsibilities. The property includes a 3,966-SF freestanding building with a full-service drive-thru, situated on a 1.21-acre outparcel to a Walmart Supercenter at a high-traffic intersection, surrounded by a strong mix of national retailers.

Investment Highlights

  • Recent Lease Renewal – Ground Lease With 5.3 Years Remaining
  • High-Visibility N Beach St Location (18,794 VPD) | Near N Tarrant Pkwy (28,155 VPD)
  • Brick Construction With Drive-Thru Banking | 1.21-Acre Outparcel to Walmart Supercenter
  • Positive Deposit Growth Over the Trailing 3-Years
  • Long-Term Tenant Commitment | 20+ Years on Site
  • Growing and Affluent Area | 309K+ Population | $122K+ Avg HH Income (5-Mile Radius)
  • DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth

Exclusively Listed By

Financing By

Bank

Wells Fargo (Recent Lease Renewal)

Listing Price: $2,685,000

Cap Rate
6.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
5.3
Gross SF
3,966
Guarantor
Corporate Guarantee
Rentable SF
3,966
Price/Gross SF
$677.00
Lease Type
Ground Lease
Rent Per Square Feet
$40.61

Investment Highlights

  • Recent Lease Renewal – Ground Lease With 5.3 Years Remaining
  • High-Visibility N Beach St Location (18,794 VPD) | Near N Tarrant Pkwy (28,155 VPD)
  • Brick Construction With Drive-Thru Banking | 1.21-Acre Outparcel to Walmart Supercenter
  • Positive Deposit Growth Over the Trailing 3-Years
  • Long-Term Tenant Commitment | 20+ Years on Site
  • Growing and Affluent Area | 309K+ Population | $122K+ Avg HH Income (5-Mile Radius)
  • DFW Metro Growth & Stability | #1 U.S. Metro for Population Growth

Investment Overview

Offered for sale is a corporate-guaranteed Wells Fargo ground lease in Fort Worth, Texas. The bank has operated at this location for over 20 years and recently extended its absolute NNN lease through May 2031, featuring 10% rent escalations every five years and zero landlord responsibilities. The property includes a 3,966-SF freestanding building with a full-service drive-thru, situated on a 1.21-acre outparcel to a Walmart Supercenter at a high-traffic intersection, surrounded by a strong mix of national retailers.

Exclusively Listed By

Financing By

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