Weatherford, TX - Rule the Roost

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a Rule the Roost investment property located in Weatherford, Texas. The tenant has over 9 years of initial term remaining with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

The asset is an outparcel to Weatherford Ridge, which features national/credit tenants such as JCPenney, Belk, T.J. Maxx, Ulta, Olive Garden, McDonald’s, and more. The subject property is across from Weatherford Marketplace, a Lowe’s and Target anchored center with other tenants including Best Buy, Ross, Chili’s, and Whataburger. Other national/credit tenants in the corridor include The Home Depot, Walmart, Academy, Kohl’s, Starbucks, Texas Roadhouse, and Raising Cane’s.

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Listing ID: a28TP000003mlcQYAQ