Enterprise Rent-A-Car NNN Property For Sale — Weatherford, TX
802 Fort Worth Highway, Weatherford, TX 76068
An exceptional NNN ground lease opportunity in the thriving Dallas/Fort Worth Metroplex. This property features a low price point and a desirable hard corner location, adjacent to Downtown Weatherford. The tenant, Enterprise Rent-A-Car, is a subsidiary of Enterprise Holdings, a leading global transportation provider with over $22 billion in revenue, 100,000 employees, and 1.8 million vehicles worldwide. Enterprise Holdings is consistently ranked among America's largest private companies by Forbes. The lease is a true NNN ground lease, with no landlord responsibilities, offering a secure and passive investment. Enterprise Rent-A-Car invested 100% of the costs for property improvements, including a remodel and parking lot addition. Initial lease term expires July 31, 2028 with four (4) five…
- Address: 802 Fort Worth Highway, Weatherford, TX 76068
- Asking price $620,874
- 6.75% cap rate
- NOI $41,909
- 1.9 years remaining
- NNN lease
- Year built: 2018
- Building size: 5,200 SF
- Lot size: 0.73 acres
- Lease expiration: Jul 31, 2028
- Rent increases: 7.5% increases on options
- Guarantor: Corporate
Location
This Enterprise Rent-A-Car property is at 802 Fort Worth Highway in Weatherford, Texas.
Asset type: Retail