9621 South Freeway

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9621 South Freeway

Fort Worth, TX 76140
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

What's Special

Affluent Surrounding Area <p>• Absolute net lease | Zero landlord responsibilities</p><p>• Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.</p><p>• Great visibility from I-35W | 147,457 VPD</p><p>• Located inside of dense retail corridor | 1.0M SF within a 2-mile radius</p><p>• Long operating history | Leased since 2006</p><p>• The tenant agreed to extend the lease for 10 years in 2021, showing their commitment to this location.</p><p>• Large parcel | 3.20 acres</p><p>• Strong pop

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times