Miscellaneous

Goodwill (Near TCU Campus)

3124 Townsend Dr, Fort Worth, TX 76110

Listing Price: $2,428,000

Cap Rate
6.50%
Tenant Name
Goodwill
Years Remaining On Lease
3.0
Gross SF
10,562
Guarantor
Franchisee Guarantee
Rentable SF
10,562
Price/Gross SF
$229.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.94

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Goodwill in Fort Worth, Texas. The property consists of a 10,562-square foot, freestanding building that sits on approximately 0.87 acres of land. There are approximately 3.3 years remaining on the current lease term. Goodwill recently exercised their first renewal option, showing their commitment to the site. The property has frontage on West Berry Street and Cleburne Road, where traffic counts exceed 40,487 vehicles per day. The area is extremely dense with more than 282,061 residents and a 432,932-daytime population within a five-mile radius. Surrounding retailers in the immediate area include Kroger, CVS, O’Reilly Auto Parts, Taco Bell, Family Dollar, Whataburger, McDonald’s, Pizza Hut, Wendy’s, Jack in the Box, 7-Elevenand many more. Goodwill is in a dense infill area near Texas Christian University campus (1 Mile) the Medical District (2 miles).

Investment Highlights

  • Goodwill Recently Exercised Their First Renewal Option, Showing a Commitment to the Site
  • Triple-Net Lease with Minimal Landlord Responsibility
  • Frontage on West Berry Street and Cleburne Road; Combined Traffic Counts Exceed 40,487 Vehicles per Day
  • Dense Infill Location with More than 293,093 Residents and a 424,268-Daytime Population (Five-Mile Radius)
  • One Mile from Texas Christian University (10,489 Students Enrolled) and Two Miles From the Medical District

Exclusively Listed By

Miscellaneous

Goodwill (Near TCU Campus)

Listing Price: $2,428,000

Cap Rate
6.50%
Tenant Name
Goodwill
Years Remaining On Lease
3.0
Gross SF
10,562
Guarantor
Franchisee Guarantee
Rentable SF
10,562
Price/Gross SF
$229.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.94

Investment Highlights

  • Goodwill Recently Exercised Their First Renewal Option, Showing a Commitment to the Site
  • Triple-Net Lease with Minimal Landlord Responsibility
  • Frontage on West Berry Street and Cleburne Road; Combined Traffic Counts Exceed 40,487 Vehicles per Day
  • Dense Infill Location with More than 293,093 Residents and a 424,268-Daytime Population (Five-Mile Radius)
  • One Mile from Texas Christian University (10,489 Students Enrolled) and Two Miles From the Medical District

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Goodwill in Fort Worth, Texas. The property consists of a 10,562-square foot, freestanding building that sits on approximately 0.87 acres of land. There are approximately 3.3 years remaining on the current lease term. Goodwill recently exercised their first renewal option, showing their commitment to the site. The property has frontage on West Berry Street and Cleburne Road, where traffic counts exceed 40,487 vehicles per day. The area is extremely dense with more than 282,061 residents and a 432,932-daytime population within a five-mile radius. Surrounding retailers in the immediate area include Kroger, CVS, O’Reilly Auto Parts, Taco Bell, Family Dollar, Whataburger, McDonald’s, Pizza Hut, Wendy’s, Jack in the Box, 7-Elevenand many more. Goodwill is in a dense infill area near Texas Christian University campus (1 Mile) the Medical District (2 miles).

Exclusively Listed By

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