NEW! 8% CAP NNN Retail DT Weatherford | 315 York Ave
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NEW! 8% CAP NNN Retail DT Weatherford 315 York Ave
11,760 SF Retail Building Weatherford, TX 76086 £1,092,765 (£93/SF) 7.99% Net Initial Yield
Investment Highlights
- Property lies in the heart of historic downtown Weatherford, TX, offering high visibility
- The property benefits from versatile zoning, suitable for office, retail, restaurant, or entertainment uses - plenty of potential for expansion
- Nearby Fort Worth Central and T&P Stations
- Occupied by strong tenant, Casa Decor, a highly successful local and statewide multi-location retailer
- Prime NNN Retail Single-Tenant opportunity
- Superior 8% cap rate for just $1,385,000
Executive Summary
SUPERIOR 8% CAP Rate offered at $1,385,000!
ABOUT THE PROPERTY:
Casa Decor, located at 315-319 York Ave in the heart of historic Weatherford, Texas, is an ±11,760 square foot NNN building on a ±20,009 square foot lot, built in 1948. This iconic operation, well-known in the region, was fully remodeled into Casa Decor, a thriving, multi-location regional furniture and furniture production tenant. As both a brick-and-mortar flagship and an online high production location, the property serves as a cornerstone for the company's continued growth and success.
Newly listed as a superior 8% CAP rate for $1,385,000 — just $117 per square foot — this new NNN urban infill location is not an investment to be missed. With a recent 6.8-year lease and two five-year extension options, the property generates $110,680 in NNN income annually. First time on the market ever as a new NNN investment, this property is a superior 1031 exchange opportunity, with all the heavy lifting done. Sit back, cash flow, and ride the extreme growth of this region, including Fort Worth's nearby communities such as Aledo, Hudson Oaks, and Willow Park.
THE LOCATION - A GROWING MARKET
Situated at 315-319 York Ave, this property offers high visibility from southbound traffic and potential for expansion. Its prime location provides unmatched exposure to both locals and visitors in a fast-growing area. The property benefits from versatile zoning, suitable for Office, Retail, Restaurant, or Entertainment uses, offering future flexibility for the owner. Located just west of Fort Worth, Weatherford is an attractive, fast-growing market known for its combination of historic charm, a vibrant economy, and expanding commercial and residential development. The city is well-positioned for continued growth, making it a highly desirable investment location.
TENANT SUMMARY:
Tenant Name: Casa Decor
NOI: $110,690 per year
Lease Terms: NNN 6.8-Year and two 5-year renewal options
Years Remaining: 6.8 years
ABOUT THE TENANT:
The property is currently leased to Casa Decor, a highly successful local and statewide multi-location retailer specializing in custom furniture both in-store and online. Casa Decor operates under an absolute NNN lease with 6.8 years remaining, 2% annual rent escalations, and a current rent of $110,680 NNN per year. The tenant has two 5-year extension options, providing a secure and stable investment.
ABOUT THE PROPERTY:
Casa Decor, located at 315-319 York Ave in the heart of historic Weatherford, Texas, is an ±11,760 square foot NNN building on a ±20,009 square foot lot, built in 1948. This iconic operation, well-known in the region, was fully remodeled into Casa Decor, a thriving, multi-location regional furniture and furniture production tenant. As both a brick-and-mortar flagship and an online high production location, the property serves as a cornerstone for the company's continued growth and success.
Newly listed as a superior 8% CAP rate for $1,385,000 — just $117 per square foot — this new NNN urban infill location is not an investment to be missed. With a recent 6.8-year lease and two five-year extension options, the property generates $110,680 in NNN income annually. First time on the market ever as a new NNN investment, this property is a superior 1031 exchange opportunity, with all the heavy lifting done. Sit back, cash flow, and ride the extreme growth of this region, including Fort Worth's nearby communities such as Aledo, Hudson Oaks, and Willow Park.
THE LOCATION - A GROWING MARKET
Situated at 315-319 York Ave, this property offers high visibility from southbound traffic and potential for expansion. Its prime location provides unmatched exposure to both locals and visitors in a fast-growing area. The property benefits from versatile zoning, suitable for Office, Retail, Restaurant, or Entertainment uses, offering future flexibility for the owner. Located just west of Fort Worth, Weatherford is an attractive, fast-growing market known for its combination of historic charm, a vibrant economy, and expanding commercial and residential development. The city is well-positioned for continued growth, making it a highly desirable investment location.
TENANT SUMMARY:
Tenant Name: Casa Decor
NOI: $110,690 per year
Lease Terms: NNN 6.8-Year and two 5-year renewal options
Years Remaining: 6.8 years
ABOUT THE TENANT:
The property is currently leased to Casa Decor, a highly successful local and statewide multi-location retailer specializing in custom furniture both in-store and online. Casa Decor operates under an absolute NNN lease with 6.8 years remaining, 2% annual rent escalations, and a current rent of $110,680 NNN per year. The tenant has two 5-year extension options, providing a secure and stable investment.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,760 SF
Building Class
B
Year Built/Renovated
1948/2022
Price
£1,092,765
Price Per SF
£93
Net Initial Yield
7.99%
NOI
£87,327
Tenancy
Single
Number of Floors
2
Building FAR
0.56
Land Acres
0.48 AC
Zoning
None - None
Frontage
150 ft on York Ave
Amenities
- Signage
Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | R000030432 | Improvements Assessment | £270,382 |
| Land Assessment | £88,258 | Total Assessment | £358,640 |
PROPERTY TAXES
Parcel Number
R000030432
Land Assessment
£88,258
Improvements Assessment
£270,382
Total Assessment
£358,640
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Judd Dunning -
DWG Capital Group
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NEW! 8% CAP NNN Retail DT Weatherford | 315 York Ave
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