Marcus & Millichap is pleased to present the opportunity to acquire two retail buildings leased to Williams Chicken and Advantage Dental in Fort Worth, Texas. Williams Chicken has been a long-term tenant for over 25 years. Both Williams Chicken and Advantage Dental have options to renew at fair market value and are on modified gross leases, providing upside potential to a future investor. Each tenant has their own respective pylon sign providing additional exposure. Constructed in 1970, the buildings are situated on a 0.54-acre parcel with paved parking. Williams Chicken features a drive-through window.
The subject property is located on Brentwood Stair Road at the signalized intersection with the East Loop 820 access road, benefitting from high traffic counts of 16,788 vehicles per day on Brentwood Stair Road and over 108,600 vehicles per day on East Loop 820. The subject property is just south of Interstate 30, easily connecting Fort Worth to Arlington and Dallas. Nearby national and regional retailers include QuikTrip, Wells Fargo Bank, McDonald’s, Exxon, Taco Bell, AutoZone Auto Parts, Family Dollar, Papa John’s, and more. The property is well positioned to serve a dense residential area. The five-mile population exceeds 228,483 residents with an average household income of approximately $76,730. Nearby schools include Eastern Hills High School, Atwood McDonald Elementary School, and Eastern Hills Elementary School.
- Two Single-Tenant Retail Buildings Totaling 6,562 Square Feet
- 100% Occupied | Both Tenants are on Modified Gross Leases | Both Tenants have One, Five-Year Renewal Option at Fair Market Value | Future Upside Potential
- Tenants Are Service-Oriented, Internet-Resistant Businesses
- Williams Chicken Has Been a Long-Term Tenant For Over 25 Years | Building has a Drive-Through Window
- Priced at $98 Per Square Foot | Below Replacement Cost
- Located on Brentwood Stair Road at the Signalized Intersection with the East Loop 820 Access Road | Loop 820 is a Major Thoroughfare and 35-Mile Loop Around the City of Fort Worth and Some of its Suburbs
- High Traffic Counts of 108,600+ Vehicles Per Day on Loop 820 and 16,788+ Vehicles Per Day on Brentwood Stair Road
- Easily Accessible from Multiple Ingress and Egress Points Including a Second Signalized Intersection at Handley Drive
- Just South of Interstate 30, One of the Major Freeways Between Fort Worth and Dallas
- Extremely Dense Residential Area of 228,483 Residents within a Five-Mile Radius
- Several School Campuses are Nearby, Providing Additional Traffic to the Area
- Fort Worth is the 5th Largest City in Texas and the 12th Largest City in the Nation
