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Caribou Coffee 5955 Rufe Snow Dr 664 SF Retail Building Watauga, TX 76148 $2,675,979 CAD ($4,030.09 CAD/SF) 6% Cap Rate

Retail Spaces Texas 5955 Rufe Snow Dr, Watauga, TX 76148

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INVESTMENT HIGHLIGHTS

  • 2022 Construction/2025 Renovation. 664+/- SF Building on 0.51+/- Acre Site
  • 15 Miles from Fort Worth Alliance Airport and 12 Miles from Downtown Fort Worth
  • Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
  • Hard Corner Located at a Light Along Rufe Snow Drive (25,772 VPD), just North of I-820 (42,411 VPD) & East of Denton Highway (41,582 VPD)
  • Over 301,690 Residents & Average HH Income Over $128,200 w/in a Fast-Growing Radius
  • Watauga | In Fort Worth MSA - Fastest Growing Large City in 2024 | Population: 23,050+

EXECUTIVE SUMMARY

Rare 15-Year Corporate Net Lease w/ JAB Holding Company, w/ 10% Rent Increases Every 5-Yrs. & During the Option Periods

ATTACHMENTS

SECURE NET LEASE OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
664 SF
Building Class
B
Year Built
2022
Price
$2,675,979 CAD
Price Per SF
$4,030.09 CAD
Cap Rate
6%
NOI
$160,531 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.51 AC
Zoning
F1 - Commercial

LINKS

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Walk Score®
Very Walkable (71)
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NEARBY MAJOR RETAILERS

Caribou Coffee
Fuzzy's Taco Shop
Buddy's Home Furnishings
Rent-A-Center
Bank of America
Chase Bank
Albertsons
PJ's Coffee of New Orleans
Starbucks
Dutch Bros

PROPERTY TAXES

Parcel Number 07157215 Improvements Assessment $298,343 CAD
Land Assessment $850,211 CAD Total Assessment $1,148,554 CAD

PROPERTY TAXES

Parcel Number
07157215
Land Assessment
$850,211 CAD
Improvements Assessment
$298,343 CAD
Total Assessment
$1,148,554 CAD
(214) 915-8890

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 35490185

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: 5955 Rufe Snow Dr, Watauga, TX 76148

The Retail Property at 5955 Rufe Snow Dr, Watauga, TX 76148 is currently available for Sale. Contact Secure Net Lease for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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5955 Rufe Snow Dr, Watauga, TX for sale Building Photo- Image 1 of 8
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5955 Rufe Snow Dr, Watauga, TX for sale Building Photo- Image 3 of 8
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5955 Rufe Snow Dr, Watauga, TX for sale Building Photo- Image 4 of 8
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5955 Rufe Snow Dr, Watauga, TX for sale Building Photo- Image 6 of 8
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5955 Rufe Snow Dr, Watauga, TX for sale Building Photo- Image 7 of 8
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Caribou Coffee | 5955 Rufe Snow Dr
(214) 915-8890 x

Caribou Coffee | 5955 Rufe Snow Dr

Bob Moorhead
(214) 915-8890

Thomas House
(214) 295-7848

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