8304 Camp Bowie BlvdFort Worth, TX 76116

  • Retail properties
  • 1,922 SF
For Sale
$754,800 View listing

Property Details for 8304 Camp Bowie Blvd

Year built
1968
Lot size
0.40 AC
Property size (Sq ft)
1,922 SF
Property type
Retail properties
Property subtype
Retail space
APN
46065-2-1R
APU
4606521R

Description

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.

8304 Camp Bowie Blvd, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7245
Longitude
-97.4592
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,009
$69,360
$333,722
$403,082
-
$69,360
$333,722
$403,082

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