HTeaO

HTeaO is 15-year, absolute net, single-tenant drive-thru asset located in the established Northeast Tarrant County submarket of Watauga, Texas. The tenant has signed a brand new 15-year lease through March 2040. Newly constructed in 2024, HTeaO is 2,000 square feet with a drive-thru, providing long-term residual value. This lease offers passive ownership with zero landlord responsibilities and 10% rent escalations every 5 years, including each of the two 5-year renewal options. The Property benefits from frontage on Denton Highway (49,633 VPD-25), a highly visible two-sided pylon sign and multiple ingress/egress points of access on Denton Highway and Bowie Street. Neighboring national retailers include Walmart Supercenter, Sam’s Club, WinCo Foods, Starbucks, and Sherwin Williams amongst numerous others.