Nish Mediterranean Grill

Nish Mediterranean Grill

Fort Worth, TX

Fort Worth, TX

Nish Mediterranean Grill

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Nish Mediterranean Grill in Fort Worth, TX. The property consists of a 3,370-square-foot, freestanding building that sits on approximately 0.78 acres of land. There are 6.3 years remaining on the lease with a 10% rent increase in 2027 and a 5% annual rent increase at the Option.

Price $1,130,000
Cap Rate 8.50%
Building Size 3,370 sqft
Lot Size 0.78 acres
Year Built 1983/2021
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

 

  • Absolute Net Lease | 6.3 Years Remaining | 10 Percent Rent Increase in 2027
  • Near the Signalized Intersection of Ohio Garden Rd & River Oaks Blvd (11,568 VPD)
  • Expansive Consumer Base | 216,000+ Residents & 354,000+ Employees (5-Mile Radius)
  • Attractive Price-Point | Offered Below Replacement Cost
  • Minutes from Naval Air Station Joint Reserve Base Fort Worth (11,000 Personnel) and Lockheed Martin Aeronautics

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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