For Sale
$2,099,900

7432 Denton Hwy Watauga, TX 76148

Established Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional retail property, located at 7432 Denton Highway in Watauga, Texas, presents a unique investment opportunity. The 1.19-acre lot houses a well-established restaurant, benefiting from a high-traffic location on a busy road with over 33,000 vehicles passing daily. Built in 2002 and extensively renovated in 2021, the property boasts a modern interior featuring a new alarm system, fresh paint, updated lighting, new fixtures, and new booths. The roof, replaced in 2021, is the landlord's sole responsibility. The current lease agreement offers 5 years remaining on a 15-year term, with two additional 5-year options available. This turnkey operation is situated in the Northern Fort Worth area, within Tarrant County, and carries an asking price of $2,099,900. The property's zip code is 76148. This presents a compelling opportunity for investors seeking a stable, high-return investment in a thriving commercial area. The property type is retail.

Highlights

  • 1.19-acre retail property in Watauga, TX (76148), located on high-traffic Denton Highway (33,000+ vehicles daily).
  • Well-established restaurant on site.
  • Built in 2002, extensively renovated in 2021 (new alarm system, paint, lighting, fixtures, booths, and roof).
  • 5 years remaining on a 15-year lease with two 5-year options.
  • Asking price: $2,099,900.

Property Details for 7432 Denton Hwy

Property type
Retail properties
Year Built/Renovated
2002/2021
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Watauga
County
Tarrant
State
Texas
Latitude
32.8791964
Longitude
-97.260635

FAQs

What type of property is this?
Retail property - Established Restaurant, High Traffic Area
Where is the retail property located?
The property is located at 7432 Denton Hwy Watauga, TX.
What is the asking price?
The asking price for this property is $2,099,900.
What are key features of this property?
This property features: 1.19-acre retail property in Watauga, TX (76148), located on high-traffic Denton Highway (33,000+ vehicles daily).; Well-established restaurant on site.; Built in 2002, extensively renovated in 2021 (new alarm system, paint, lighting, fixtures, booths, and roof).
How can I contact the broker?
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7432 Denton Hwy
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