For Sale
$754,800

8304 Camp Bowie BlvdFort Worth, TX 76116

NNN Lease, 20-Year Term, 6.25% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple ownership of a 1,922 square foot retail property located at 8304 Camp Bowie W Blvd, Fort Worth, Texas 76116. The property is currently 100% occupied by Loan Star Title Loans, a brand of Select Management Resources (SMR), under a triple-net (NNN) lease. The lease commenced October 1, 2024, and extends for a substantial 20-year term, expiring October 1, 2044. The lease includes a crucial 3% annual rent increase, ensuring consistent growth in rental income. The property boasts a strong net operating income (NOI) of $47,175, resulting in an attractive 6.25% capitalization rate. SMR, a significant player in the title loan industry with over 425 locations across 20 states, provides a corporate guarantee for the lease, mitigating tenant risk. The 0.4-acre lot offers ample space for the existing convenience store, QSR/fast food, and storefront operations. This is a passive income investment with no landlord responsibilities beyond collecting rent. The asking price is $754,800. This presents a rare opportunity to acquire a long-term, stable, and appreciating retail investment in a tax-free state.

Highlights

  • Rare opportunity to acquire a sub-$1M retail property in Fort Worth, TX.
  • 20-year NNN lease with Loan Star Title Loans (SMR brand), commencing October 1, 2024, including 3% annual rent increases.
  • Projected 7.60% return on investment after five years due to the 3% annual rent escalations.
  • Tenant, SMR, operates 425+ locations nationwide, providing strong corporate guarantee and reduced tenant risk.
  • Passive income investment with zero landlord responsibilities; tenant responsible for all maintenance, utilities, taxes, and insurance.

Property Details for 8304 Camp Bowie Blvd

Property type
Retail properties, Retail space
Square Feet
1,922 SF
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7244956
Longitude
-97.4592566
8304 Camp Bowie Blvd, Fort Worth, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8304 Camp Bowie Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message