Maya Tequila Ranch | Fort Worth, TX
14,550 SF | Retail Building | Fort Worth, TX 76107 | $5,895,384 ($405/SF) | 6.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,895,384
- Property Type
-
Retail, Restaurant
- Square Feet
- 14,550 SF
- Price / Square Foot
- $405
Listing Contacts
Parker Carroll
Verified Profile
Chris Matlock
Verified Profile
- Property Info
Property Overview
TREK Investment Group is pleased to offer for sale Maya Tequila Ranch in Fort Worth, Texas. Situated on the hard corner of Norwood and Morton Streets and one block from University Blvd seeing traffic counts in excess of 21,890 VPD, Maya Tequila Ranch is a growing regional bar in the highly desirable Cultural District of Forth Worth. This exceptional investment property offers an investor a brand new Absolute Net 12-Year lease with scheduled rent increases in the primary, as well as each of the two, 5-year options periods. Maya Tequila Ranch is situated amongst numerous nightlife and entertainment destinations, national retailers, as well as a highly concentration of notable museums, stadiums, and large tourist attractions drawing more than 10.8 Million visitors and a $3+ Billion economic impact annually.
Property Details
- Class
- B
- Year Built
- 1978
- Stories
- 2
- Property Subtype
- Other Restaurants
- Lot Size (sq. ft)
- 11,761 SF
Highlights
- Brand New Absolute Net 12-Year Lease with rent increases | 2, (5) year Option Periods with rent increases | Experienced Operator
- Located in the heart of Fort Worth's Booming West 7th Cultural District | Multiple Mixed-Use Developments underway within 3 blocks or less from Maya T
- Population 281,336 in 5-mile radius | Traffic Counts of 21,890+ VPD | Average HH Income $130,200+ in 1-mile radius
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