Just Listed! Advance Auto Parts and PL$ Financial Services – Forest Hill, TX

Advance Auto Parts and PL$

KW Net Lease Advisors is pleased to present a new development two-tenant retail property in Forest Hill, TX, under long-term leases to Advance Auto Parts and PL$ Financial Services. The subject property is a 10,000 sf concrete block building on 0.83 acres, located on a hard corner of Wichita Street and Mansfield Highway. Advance Auto has signed a 15 NN year lease commencing in 1/2016, and PL$ has signed a 10 year NN lease with 2% annual increases

The subject property is well located at the hard corner of Wichita Street and Mansfield Highway (Business Hwy 287), in Forest Hill, Texas, a suburb adjacent to Fort Worth and Arlington. Forest Hill holds a city limit population of 12,795 and has grown 3.6% from 2010-2014. Forest Hill is a thriving community within the Dallas-Fort Worth MSA which is the 4th largest MSA in the US, and holds a population of more than 6.7 million. Dallas/Fort Worth is known for its well diversified economy and strong 1.5-2% annual growth.

  • New Development 2-Tenant Retail Property
  • ANNUAL INCREASES IN PRIMARY TERM
  • Advance Auto Parts, Inc. (S&P: BBB-)
  • PLS Financial Services (300+ Units, $250MM+ Revenue)
  • 100% Occupied until 6/2026
  • Hard Corner at Signalized Intersection with Heavy Traffic

See all of KW Net Lease Advisors available properties including this Advance Auto Parts & PL$ Financial Services in Forest Hill, TX.