For Sale
$3,272,727

6645 Westworth BlvdWestworth Village, TX 76114

Westworth Village, TX: High-Yield NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 2,685 square foot, free-standing Dairy Queen restaurant in Westworth Village, Texas. Located at 6645 Westworth Blvd, this single-tenant property boasts a prime location in a thriving retail area, conveniently situated near a Walmart and Sam's Club. The property features a 15-year absolute NNN lease with three 5-year renewal options, ensuring a stable, long-term cash flow. Rent increases of 2% annually are built into the lease. Built in 2019, this one-story building sits on a 1.09-acre lot and benefits from a 5.50% cap rate and 100% occupancy. The property's strategic location within a densely populated area with high household incomes provides significant growth potential. The Dallas-Fort Worth metropolitan area's robust economy further enhances the investment's appeal. This is a rare chance to acquire a stabilized, high-performing asset with a nationally recognized tenant, offering a secure and lucrative investment for years to come. The property is zoned commercial and offers a significant return on investment. The sale-leaseback structure minimizes landlord responsibilities, making this an exceptionally attractive opportunity for passive income generation. The property is the sole Dairy Queen location within Westworth Village, ensuring market dominance. The projected household income within a 5-mile radius is expected to surpass $111,000 by 2028, indicating strong future growth prospects. This is a turnkey investment ready for immediate cash flow.

Highlights

  • Absolute NNN lease; zero landlord responsibilities.
  • Sole Dairy Queen in Westworth Village.
  • 223,861 daytime population within a 5-mile radius.
  • Projected household income exceeding $111,000 within a 5-mile radius by 2028.
  • Located in the Dallas-Fort Worth metroplex, the nation's 4th largest.
  • 15-year sale-leaseback.

Property Details for 6645 Westworth Blvd

Property type
Retail properties
Square Feet
2,685 SF
Year Built
2019
Buildings
1
Stories
1
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Westworth Village
County
Tarrant
State
Texas
Latitude
32.7553705
Longitude
-97.4277211
6645 Westworth Blvd, Westworth Village, Texas

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6645 Westworth Blvd
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