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Burleson, TX - 4-Tenant Strip

$4,430,000

12621 South Freeway, Burleson, TX 76028

Active
Last Updated: 03/25/2025

6

Cap Rate

265,819

NOI

Details:
Cap Rate:    6%
NOI:    $265,819
Building Size:    6,967 sqft
Lot Area:    1.19 acres
Year Built:    2020
Description:

• Jersey Mike’s lease is personally guaranteed and Sport Clips is franchisee guaranteed
• Over 5 years of WALT remaining and all four tenants have options to extend their leases
• All leases feature scheduled rental increases, providing a hedge against inflation and steadily growing NOI

• Located a half mile north of Gateway Station, a 368,000 square foot shopping center with major tenants including Kohl’s, Ross Dress for Less, HomeGoods, PetSmart, and more
• Less than a half mile east of McAlister Square, a 193,000 square foot shopping center anchored by Academy Sports+Outdoors
• Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Lowe’s Home Improvement, AMC Theatres, Dollar Tree, and more, further increasing consumer
traffic to the site

Map:
Location
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