8304 Camp Bowie BlvdFort Worth, TX 76116
- Retail properties
- 1,922 SF
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.
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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