Wells Fargo NNN Property For Sale — Fort Worth, TX
8600 N Beach St, Fort Worth, TX 76244
This offering presents an exceptional opportunity to acquire a corporate-guaranteed Wells Fargo ground lease located in Fort Worth, Texas. The bank has successfully operated at this strategic location for over two decades, demonstrating a strong commitment to the site with a recent lease extension through May 2031. The lease features attractive 10% rent escalations every five years and is structured as an absolute NNN, ensuring zero landlord responsibilities. The property encompasses a 3,966-square-foot freestanding building, complete with a full-service drive-thru, ideally situated on a 1.21-acre outparcel to a Walmart Supercenter. This prime position benefits from a high-traffic intersection and is surrounded by a robust mix of established national retailers, contributing to the site's…
- Address: 8600 N Beach St, Fort Worth, TX 76244
- Asking price $2.69M
- 6.00% cap rate
- NOI $161,100
- 5.3 years remaining
- NNN lease
- Building size: 3,966 SF
- Lot size: 1.21 acres
- Lease expiration: May 31, 2031
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Wells Fargo property is at 8600 N Beach St in Fort Worth, Texas.
Asset type: Bank