Property Name

Knockout Sports Bar

GLA 12,850 SF

Percent Leased 100% Leased

Property Description

Knockout Sports Bar is an absolute NNN single tenant restaurant leased asset positioned along Interstate 35W ten minutes north of Downtown Fort Worth, Texas.  The tenant has a remaining lease term through May 2032 and multiple lease guaranties (corporate + personal) for the entire lease term including KO Entertainment, LLC and KOSB Fort Worth, LLC. Built in 2017, the Property is priced at a 7% cap rate and currently leased at $23.34 PSF in rent, annual rent escalations throughout the primary term and multiple, 5-year renewal options.  Knockout Sports Bar benefits from being situated on a large 2.02-acre parcel with 129 parking spaces and a highly visible monument sign. Surrounding area retailers include The Home Depot, Albertsons, Kroger, CVS Pharmacy, Walgreens, 24-Hour Fitness, Race Trac, Rudy’s, Chick-Fil-A, Starbucks, Smoothie King and Boomer Jack’s, Among Others.