5300 Golden Triangle BlvdFort Worth, TX 76244

  • Commercial land
  • 3.81 AC
For Sale
$4,387,000 View listing

Property Details for 5300 Golden Triangle Blvd

Lot size
3.81 AC
Property type
Commercial land
APN
A 70-3
APU
A703

Description

This exceptional investment opportunity presents a 3,236 square foot Hat Creek Burger restaurant located at 5300 Golden Triangle Boulevard, Fort Worth, Texas 76244. The property is situated on a 0.983-acre lot and benefits from an absolute NNN lease with a corporate guarantee, providing significant security for investors. The lease commenced July 1, 2020, and has a remaining term of 15.6 years, extending to June 30, 2040, with four 5-year renewal options. Annual rent escalations are set at 1.5%. The property boasts a strong 6.00% cap rate and a Net Operating Income (NOI) of $263,218, with an asking price of $4,387,000 ($1,355.69 per square foot). This build-to-suit location features a drive-thru and enjoys exceptional visibility and access along Golden Triangle Boulevard (18,000 AADT), positioned as an outparcel to a high-performing Walmart Supercenter attracting approximately 2.6 million visitors annually. The surrounding area demonstrates robust demographics, with an average household income of $147,983 within a 3-mile radius and a population of 240,801 within a 5-mile radius. The property's strategic location is further enhanced by its proximity to major retail centers, including Alliance Town Center and Presidio Town Crossing, and its adjacency to the recently renovated Keller Sports Park, a $30 million youth sports complex. This presents a compelling investment opportunity with significant long-term potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $38,553,732
    Hospitality
    $35,315,012
    Educational
    $29,381,676
    Medical
    $30,392,156
    Retail
    $45,704,828

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9331
Longitude
-97.2667
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
$18,965
$828,945
-
$828,945
-
$828,945
-
$828,945

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