7113 Boat Club RdFort Worth, TX 76179

This exceptional investment opportunity presents a fee-simple interest in a 2,977 square foot Chicken Express restaurant in Fort Worth, Texas. The property boasts a brand new 15-year absolute NNN lease with three 5-year options, featuring 10% rent increases at the beginning of each option period. Built in 2016, this single-story building sits on a 0.83-acre lot with 43 parking spaces and enjoys excellent visibility and accessibility due to its location on Boat Club Road (23,400 VPD) and proximity to US Highway 287 (33,800 VPD). The property benefits from a strong retail environment, including nearby major retailers such as Kroger, Walmart, and numerous national tenants. The 5-mile trade area boasts a population exceeding 132,800 with 25,700 daytime employees and an average household income of $117,306. The property's strong demographics, long-term lease, and built-in rent escalations provide a stable and attractive investment with a current NOI of $172,897 and a 6.00% cap rate. The asking price is $2,882,000 ($968.09/sq ft). This is a management-free investment opportunity with zero landlord responsibilities. The franchisee tenant demonstrates strong commitment with the new 15-year lease.