OFFERING MEMORANDUM CBRE CAPITAL MARKETS CORNER BAKERY CAFE | SPRINT 1410 PRECINCT LINE RD | HURST, TX 76053 CORNER BAKERY CAFE | SPRINT 1410 PRECINCT LINE RD | HURST, TX 76053 OFFERING SUMMARY $ % Offering Price: Cap Rate: $3,962,000 5.90% NET OPERATING INCOME $233,768 PRICE PER SQ FT $713.26 GROSS LEASABLE AREA 5,555 SF OCCUPANCY 100.00% LAND AREA .97 ACRES YEAR BUILT 2017 EXCLUSIVE MARKETING ADVISORS: JARED AUBREY MICHAEL AUSTRY SENIOR VICE PRESIDENT VICE PRESIDENT +1 214 252 1031 +1 214 252 1115
[email protected] [email protected] 2 CORNER BAKERY CAFE | SPRINT 1410 PRECINCT LINE RD | HURST, TX 76053 INVESTMENT HIGHLIGHTS + New 2017 Construction, Shadow Anchored by Target - Beautiful high-quality facade and buildout + 100% Occupied with New Corporate Long-Term Leases – All leases have remaining terms of 10 years each with both tenants now open + Triple Net Leases – Allow an investor to have limited landlord responsibilities and ease of management + Located in Affluent Dallas|Fort Worth Suburb - Average household income is over $92,669, well above the national average + Huge Traffic Counts, Located Just Off Hwy 183 - Over 188,429 VPD on Hwy 183 and over 23,000 VPD on Precinct Line Road + Strategically Situated within the DFW metroplex - Located approximately 20 minutes northeast of downtown Fort Worth and 30 minutes west of Downtown Dallas + Densely Populated Submarket - Currently over 439,334 in a 7-mile radius + Dense Retail Corridor – Surrounding retailers include Target, Starbucks, Pei Wei, AT&T, Wells Fargo, McDonald’s,