Fort Worth, TX - Spec's Wine Spirits

Description:

• Spec’s Corporate signed lease (200+ Locations)
• 9+ years remaining with 2 (5-year) option periods to extend
• The lease features $1.25/SF/YR rental increases every 5 years throughout the initial term and at the beginning of each option period

• The subject property is a part of The Citadel, a 89-Acre, 600,000 SF GLA mixed-use development that will feature national/credit tenants such as Burlington, Barnes & Noble, Club Studio, Nordstrom Rack, Michael’s, Black Bear Diner, LongHorn Steakhouse, Tiff’s Treats, and many others
• Across from Alliance Town Center, a 1 million SF center that features national/credit tenants such as JCPenney, Total Wine & More, Best Buy, Chick-fil-A, PetSmart, Ulta Beauty, Belk, and others
• Located just off of Interstate 35, a major retail and commuter thoroughfare that sees over 153,600 vehicles pass by daily
• Strong tenant synergy promotes crossover shopping to the subject property