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On the Border

6250 North Freeway, Fort Worth, TX, USA
$5,335,926 7.00% Cap 7,127 sq ft Built 1999 Representative Photo Print This Page

Location

6250 North Freeway, Fort Worth, TX, USA

Price: $5,335,926
Cap Rate: 7.00%
Net Operating Income: $373,515
Square-Footage: 7,127
Year Built: 1999

100% Fee Simple InterestAnnual IncreasesCorporate GuaranteeExcellent Access and VisibilityHeavily Trafficked LocationIncome Tax Free StateLocated on a Major Commercial ThoroughfareLong Term NNN LeaseSurrounded by Major RetailersZero Landlord Obligations

This is the unique opportunity to purchase a long term absolute NNN leased On The Border restaurant in Fort Worth, Texas. The absolute NNN lease provides for zero landlord obligations and calls for 2% annual increases in rent. The lease is corporately guaranteed by On The Border, a strong and experienced operator with ~160 units.

The property is located nearby several national retailers including Denny’s, Chili’s, 7-Eleven, Regal Cinema, and many others. On the Border also benefits from its position just off the highway.

Fort Worth is a city in North Central Texas. In the late 19th century, it became an important trading post for cowboys at the end of the Chisholm Trail. Today, it’s a modern city, with international art institutions like the Kimbell Art Museum. The Fort Worth Stockyards are home to rodeos, and the National Cowgirl Museum and Hall of Fame honors pioneers.

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presented by

Jacob Abusharkh Managing Principal View profile
Kase Abusharkh Founding Principal View profile

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