5300 Golden Triangle BlvdFort Worth, TX 76244

For Sale
$4,387,000
High-performing QSR, strong lease terms.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 3,236 square foot Hat Creek Burger restaurant located at 5300 Golden Triangle Boulevard, Fort Worth, Texas 76244. The property is situated on a 0.983-acre lot and benefits from an absolute NNN lease with a corporate guarantee, providing significant security for investors. The lease commenced July 1, 2020, and has a remaining term of 15.6 years, extending to June 30, 2040, with four 5-year renewal options. Annual rent escalations are set at 1.5%. The property boasts a strong 6.00% cap rate and a Net Operating Income (NOI) of $263,218, with an asking price of $4,387,000 ($1,355.69 per square foot). This build-to-suit location features a drive-thru and enjoys exceptional visibility and access along Golden Triangle Boulevard (18,000 AADT), positioned as an outparcel to a high-performing Walmart Supercenter attracting approximately 2.6 million visitors annually. The surrounding area demonstrates robust demographics, with an average household income of $147,983 within a 3-mile radius and a population of 240,801 within a 5-mile radius. The property's strategic location is further enhanced by its proximity to major retail centers, including Alliance Town Center and Presidio Town Crossing, and its adjacency to the recently renovated Keller Sports Park, a $30 million youth sports complex. This presents a compelling investment opportunity with significant long-term potential.

Highlights

  • Absolute NNN lease with 16 years remaining to a growing fast-casual restaurant.
  • Annual 1.5% rent increases with corporate guarantee.
  • Drive-thru enabled, build-to-suit construction.
  • Outparcel to a high-performing Walmart Supercenter.
  • $147,983 average household income within a 3-mile radius.
  • Located adjacent to the $30M Keller Sports Park.

Property Details for 5300 Golden Triangle Blvd

Property type
Retail properties, Restaurants
Square Feet
3,236 SF
Lot Size (sq. ft)
42,819 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.932199
Longitude
-97.2692266
5300 Golden Triangle Blvd, Fort Worth, Texas

FAQs

What type of property is this?
Retail property - High-performing QSR, strong lease terms.
Where is the retail property located?
The property is located at 5300 Golden Triangle Blvd Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,387,000.
What are key features of this property?
This property features: Absolute NNN lease with 16 years remaining to a growing fast-casual restaurant.; Annual 1.5% rent increases with corporate guarantee.; Drive-thru enabled, build-to-suit construction.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5300 Golden Triangle Blvd
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