Dairy Queen NNN Property For Sale — Lake Worth, TX · 2,200 SF
Lake Worth, TX
This Dairy Queen property offers a prime investment opportunity in Lake Worth, TX. Situated on Azle Avenue, a main traffic artery connecting to Interstate 820, the location benefits from high visibility and easy access. The property features a brand new 20-year absolute net lease with scheduled rent increases, providing long-term, stable cash flow from an internationally recognized brand. Located near the heavily trafficked Lake Worth Towne Crossing, the surrounding area boasts strong demographics and is part of the rapidly growing Fort Worth Market.
- Address: Lake Worth, TX
- Asking price $2.95M
- 5.50% cap rate
- NOI $162,000
- 20 years remaining
- NNN lease
- Year built: 2023
- Building size: 2,200 SF
- Lot size: 0.90 acres
- Rent increases: 10% increases every 5 years
- Guarantor: Corporate
Location
This Dairy Queen property is in Lake Worth, Texas.
Asset type: Restaurant