Investment Highlights
Two investment grade tenants with corporate guarantees | Both tenants feature drive-thru lanes
Chase Bank has extremely high deposits of $196M
4.5M Annual Visitors | Occupied by Target, Hobby Lobby, Ross Dress for Less, Conn's Pet Smart and Chick-fil-A
Starbucks is currently remodeling their store, showing commitment to the location.
In front of major signalized intersection of State Highway 199 & Charbonneau Street, with 48,800 daily vehicles | Located directly across Lake Worth
2 years remaining on both lease base terms. Landlord responsibility includes Roof, Structure, and Parking Lot
Executive Summary
SRS Multi-Tenant Investments pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, drive-thru equipped, multi-tenant retail building investment property located in Fort Worth, Texas. The offering features a strong, e-commerce resistant tenant lineup of Starbucks and Chase Bank. Both leases are signed by their respective corporate entities, Starbucks Corporation (S&P: BBB+) and JPMorgan Chase Bank N.A. (S&P: A+). The tenants operate under NNN leases, limiting expense leakage for a future investor.
