900-944 Bridgewood Dr
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
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- *ACTUAL OUTPUT FOR THE PROVIDED RECORD:**
- 11.56-acre development site in Fort Worth, Texas, offered at $1,900,000. The property comprises two separately zoned tracts with distinct development potential: an 8.82-acre tract suitable for multifamily, apartments, or townhomes, and a 2.74-acre tract well-suited for restaurant, medical office, or health club uses. Both tracts are zoned G (Intensive Commercial), providing flexibility across residential and commercial development options.
- Located at 900–944 Bridgewood Drive with direct access to Interstate 30 and Loop 820 via two nearby freeway exits, the site benefits from all major utilities already on-site, reducing development costs and timeline. The City of Fort Worth has informally approved the development and is receptive to residential uses including apartments, townhomes, and single-family homes. Qualified developers may be eligible for Tax Increment Financing (TIF) funds to support infrastructure improvements such as utilities and streets.
- Highlights:
- Two tracts with distinct zoning flexibility: 8.82 acres for multifamily/residential, 2.74 acres for commercial
- All major utilities on-site
- Direct freeway access via I-30 and Loop 820
- City informal approval; receptive to residential development
- Potential TIF funding available for infrastructure
Features & amenities
Location
Located at 900/944 Bridgewood Dr, Fort Worth, TX, this 11.56-acre development site is offered for $1,900,000. The property includes two tracts, both zoned G (Intensive Commercial), providing flexibility for a variety of development options.Lot 5 – Tract One consists of 8.82 acres and is suitable for apartments, multifamily housing, townhomes, or a gated residential community. Lot 6 – Tract Two includes 2.74 acres and is well suited for a restaurant, medical office, health club, or other commercial uses. All major utilities are available on-site, helping reduce development costs and construction time.The property is conveniently located with easy access to Interstate 30 and Loop 820, with two nearby freeway exits. According to the seller, the site has received informal approval from the City of Fort Worth for development, and the City is receptive to residential uses such as apartments, townhomes, and single-family homes. The seller also states that qualified developers may be eligible for Tax Increment Financing (TIF) funds to help with infrastructure improvements such as utilities and streets.