Enterprise (Recently Exercised Option

Enterprise (Recently Exercised Option

Fort Worth, TX

Fort Worth, TX

Enterprise (Recently Exercised Option

Offered for sale is a 2,117 SF Enterprise Rent-A-Car on 0.52 acres at the signalized hard corner of I-35W and Felix St in Fort Worth, Texas. Enterprise has occupied the site since 1998 and exercised its sixth renewal option in June 2026, which extends the term through October 2031. The triple-net lease has annual rent increases and one 5-year option remaining, with the landlord responsible for roof and structure. The property sits along I-35W (183,876 VPD), less than a mile from La Gran Plaza and about 4 miles south of downtown Fort Worth.

Price $1,500,000
Cap Rate 6.00%
Building Size 2,117 sqft
Lot Size 0.52 acres
Year Built 1964
Offering Memorandum

Salim Bhaidani

Director
(972) 755-5314
Salim.Bhaidani@marcusmillichap.com
License: TX 722548

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Recently Exercised Option Extends Term Through October 2031 | Tenant Since 1998
  • 73rd Percentile Nationally and 71st Percentile in Texas (Placer.ai)
  • Signalized Hard-Corner Location at I-35W and Felix St (183,876 VPD)
  • Less Than a Mile From La Gran Plaza – 1 Million+ SF Super-Regional Mall With 330+ Stores
  • 283,372 Residents Within 5 Miles | +12.3 Percent Population Growth Since 2010
  • Dallas–Fort Worth Metro | 8.2 Million Residents and 4.3 Million+ Jobs

Salim Bhaidani

Director
(972) 755-5314
Salim.Bhaidani@marcusmillichap.com
License: TX 722548

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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