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Caribou Coffee 5955 Rufe Snow Dr 664 sq ft Retail Property Watauga, TX 76148 £1,432,574 (£2,157.49/sq ft) 6% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • 2022 Construction/2025 Renovation. 664+/- SF Building on 0.51+/- Acre Site
  • 15 Miles from Fort Worth Alliance Airport and 12 Miles from Downtown Fort Worth
  • Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
  • Hard Corner Located at a Light Along Rufe Snow Drive (25,772 VPD), just North of I-820 (42,411 VPD) & East of Denton Highway (41,582 VPD)
  • Over 301,690 Residents & Average HH Income Over $128,200 w/in a Fast-Growing Radius
  • Watauga | In Fort Worth MSA - Fastest Growing Large City in 2024 | Population: 23,050+

EXECUTIVE SUMMARY

Rare 15-Year Corporate Net Lease w/ JAB Holding Company, w/ 10% Rent Increases Every 5-Yrs. & During the Option Periods

ATTACHMENTS

SECURE NET LEASE OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Property Size
664 sq ft
Costar Property Class
B
Year Built
2022
Price
£1,432,574
Price per sq ft
£2,157.49
Yield
6%
NOI
£85,940
Tenancy
Single
Number of Floors
1
Plot ratio
0.03
Total Plot Size
0.51 ac
Use Class
F1 - Commercial

LINKS

1 1
Walk Score®
Easily Walkable (71)
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What is a Walk Score®
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NEARBY MAJOR RETAILERS

Caribou Coffee
Fuzzy's Taco Shop
Rent-A-Center
Bank of America
Chase Bank
Albertsons
PJ's Coffee of New Orleans
Starbucks
Dutch Bros
Taco Bueno

PROPERTY TAXES

Parcel Number 07157215 Improvements Assessment £158,086
Land Assessment £450,509 Total Assessment £608,595

PROPERTY TAXES

Parcel Number
07157215
Land Assessment
£450,509
Improvements Assessment
£158,086
Total Assessment
£608,595
(214) 915-8890

Still interested?

Contact the agents for more information about this property

CONTACTS

  • Listing ID: 35490185

  • Date on Market: 15/04/2025

  • Last Updated:

  • Address: 5955 Rufe Snow Dr, Watauga, TX 76148

The Retail Property at 5955 Rufe Snow Dr, Watauga, TX 76148 is currently available for Sale. Contact Secure Net Lease for more information.

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Caribou Coffee | 5955 Rufe Snow Dr
(214) 915-8890 x

Caribou Coffee | 5955 Rufe Snow Dr

Bob Moorhead
(214) 915-8890

Thomas House
(214) 295-7848

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