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Two-Tenant Retail | New Construction 12613 South Fwy

7,000 SF 72% Leased Retail Building Burleson, TX 76028 $6,800,375 CAD ($971.48 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

New 10 Year Leases | Brand New Construction | Scheduled Rental Increases and Options
Southgate Marketplace | Gateway Station (368,000 SF) |McAlister Square (193,000 SF) | Primary Retail Corridor

Located Along E. Rendon Crowley Road | Ample Parking |Direct Access to I-35W (133,000 VPD)

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) in a NNN leased, newly constructed, two-tenant retail building investment property located in Fort Worth, Texas. The tenants, Black Bear Diner and Club Pilates, recently signed brand new 10-year leases with additional options to extend, demonstrating their commitment to the site. All leases feature a 10% rental increase in Year 6 of the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The leases are NNN with limited landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.