Retail Space
6620 Crowley Road Fort Worth, TX 76134
Details & Description
Price: $2,000,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, personally guaranteed, freestanding, Kwik Kar Tune and Lube investment property located in Fort Worth, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.The subject property is strategically located near the signalized, hard corner intersection of Crowley Road and Altamesa Boulevard, averaging a combined 57,500 vehicles passing by daily. The property is equipped with a large pylon sign, creating excellent visibility along both cross-streets. The site benefits from nearby direct on/off ramp access to Interstate 20 (176,600 VPD) and Interstate 35W (165,000 VPD), two major commuter thoroughfares traveling throughout the Southwest. In addition, the asset is within close proximity to a variety of national/credit tenants including Walmart Supercenter, The Home Depot, Walgreens, Family Dollar, LA Fitness, AutoZone Auto Parts, Dollar Tree, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Moreover, the property is surrounded by several apartment complexes including Railridge (160 units), Polo Club (288 units), and Red Rock (216 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more 276,000 residents and 89,000 daytime employees with an average household income of $78,729.
    Listing Agents
    Matthew Mousavi

    O: 949-698-1116
    M: 714-404-8849
    matthew.mousavi@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    6620 Crowley Road

    Fort Worth, TX 76134

    Kwik Kar Tune and Lube

    Listing ID: 255353
    • 6620 Crowley Road Fort Worth, TX 76134 | for Sale | Photo 1
    • 6620 Crowley Road Fort Worth, TX 76134 | for Sale | Photo 2
    • 6620 Crowley Road Fort Worth, TX 76134 | for Sale | Photo 3
    6620 Crowley Road | for Sale | Thumbnail 1
    6620 Crowley Road | for Sale | Thumbnail 2
    6620 Crowley Road | for Sale | Thumbnail 3
    Building Size: 2,610 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $766.28
    Land $/SF:
    Price
    $2,000,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, personally guaranteed, freestanding, Kwik Kar Tune and Lube investment property located in Fort Worth, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

    The subject property is strategically located near the signalized, hard corner intersection of Crowley Road and Altamesa Boulevard, averaging a combined 57,500 vehicles passing by daily. The property is equipped with a large pylon sign, creating excellent visibility along both cross-streets. The site benefits from nearby direct on/off ramp access to Interstate 20 (176,600 VPD) and Interstate 35W (165,000 VPD), two major commuter thoroughfares traveling throughout the Southwest. In addition, the asset is within close proximity to a variety of national/credit tenants including Walmart Supercenter, The Home Depot, Walgreens, Family Dollar, LA Fitness, AutoZone Auto Parts, Dollar Tree, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Moreover, the property is surrounded by several apartment complexes including Railridge (160 units), Polo Club (288 units), and Red Rock (216 units), providing a direct consumer base from which to draw. The 5-mile trade area is supported by more 276,000 residents and 89,000 daytime employees with an average household income of $78,729.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fort Worth History of Retail Space for Sale

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    Fort Worth Area Market Trends

    Listing Demographics for 6620 Crowley Road Fort Worth, TX 76134

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population16,143119,205262,076
    Population Median Age353435
    Population by Age0-9 Yrs2824 (17%)19907 (16%)39898 (15%)
    10-19 Yrs2240 (13%)17852 (14%)39237 (14%)
    20-29 Yrs2570 (15%)17169 (14%)41994 (16%)
    30-39 Yrs1925 (11%)17280 (14%)37813 (14%)
    40-49 Yrs1829 (11%)13948 (11%)31305 (11%)
    50-59 Yrs2018 (12%)14086 (11%)29351 (11%)
    60-69 Yrs1504 (9%)10621 (8%)22770 (8%)
    70+ Yrs1234 (7%)8343 (6%)19709 (7%)
    Median HH Income$51,356$56,624$56,975
    Total Household Income< 24K1123 (20%)7683 (19%)18017 (20%)
    25-49K1482 (27%)9482 (24%)20916 (23%)
    50-74K1136 (21%)7963 (20%)16870 (19%)
    75-99K843 (15%)5664 (14%)11283 (12%)
    100-199K652 (12%)6505 (16%)16251 (18%)
    200K+116 (2%)1261 (3%)4694 (5%)
    Highest Education LevelNo Diploma19081529031074
    Diploma or GED37022225344057
    Some College19561494332130
    Assoc. Degree71246659996
    Bachelors Degree983990726786
    Higher Degree501567517086
    Total Housing Units5,85141,75896,727
    --Owner-Occupied3,05924,10850,447
    --Renter-Occupied2,29314,45037,584
    Owner-Occupied Values< 100K980705113729
    100-199K17871354922185
    200-299K20825737385
    300-399K504962931
    400-499K302561468
    500K+41832750
    Total Working Age Population12,01488,436199,467
    In Work Force8,09858,883128,838
    Not In Work Force3,91629,55370,629
    Workforce Employed7,39254,939120,766
    Workforce Unemployed7053,7907,719
    Civlian Workforce8,09758,729128,485
    Military Workforce1154353
    Total Households5,35338,55788,031
    Family Households3,80928,05059,973
    Non-Family Households1,54410,50728,058
    Married Couple2,26418,47240,540
    Other Family1,5459,57819,433
    Married w/Child9578,90819,019
    Single Male w/Child2831,2192,228
    Single Female w/Child6554,1068,585

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Tarrant County1,446,219+251,809,034+192,143,755+172,507,170

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6620 Crowley Road in Fort Worth?
    The asking price for 6620 Crowley Road is $2,000,000
    What is the building size of this Retail property in Fort Worth, TX?
    The size of the building/unit at 6620 Crowley Road in Fort Worth is 2,610 square feet
    What kind of Retail is the propery at 6620 Crowley Road?
    The property at 6620 Crowley Road Fort Worth, TX 76134 is listed as a Vehicle Sales/Service Retail property
    What is the population within 1 mile of 6620 Crowley Road in Fort Worth?
    The population within 1 mile of 6620 Crowley Road Fort Worth, TX 76134 is 16,143 people.
    Who do I contact for questions about 6620 Crowley Road?
    You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Fort Worth International Airport (DFW) 25
    Dallas Love Field (DAL) 32
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 114
    Price
    $2,000,000
    Listing Agent
    More listings from Matthew Mousavi
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