Absolute NNN Ground
For Sale
Contact for pricing
164 Industrial Avenue, Azle, TX 76020
New lease structure with a 15-year term and scheduled 10% rent increases.
Property SizeContact for details
Days on Market10
Property Features for 164 Industrial Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Secure Net Lease
Listed By:
Thomas House · License #826482
(214) 522-7200
Source:
Crexi
Added: Sep 8
Changed: Sep 16
Last Checked: Sep 16 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease
Investment Insights
Based on property information with market context.
This brand-new commercial property is offered under a 15-year absolute NNN ground lease. The lease includes scheduled 10% rent increases, establishing a defined escalation schedule over the stated term.
The property fronts TX-199, where traffic is reported at 48,000 VPD. It is adjacent to a Chick-fil-A scheduled to open in 2026 and is situated within a 5-mile trade area. The site is part of the Dallas–Fort Worth MSA, identified in the property information as having more than 8.1M residents.
The property fronts TX-199, where traffic is reported at 48,000 VPD. It is adjacent to a Chick-fil-A scheduled to open in 2026 and is situated within a 5-mile trade area. The site is part of the Dallas–Fort Worth MSA, identified in the property information as having more than 8.1M residents.
Key Highlights
- Brand‑new 15‑year absolute NNN ground lease
- 10% rent increases specified in the lease
- Located along TX‑199 with 48,000 VPD
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Apparel 24%
Dining 10%
Home Improvements & Furnishings 8%
Bealls
Apparel
9,037 visits/mo
0.4 miles
Dollar General
Shops & Services
7,998 visits/mo
0.3 miles
Discount Tire Store
Shops & Services
4,158 visits/mo
0.3 miles
Mobil
Shops & Services
4,010 visits/mo
0.5 miles
Exxon
Shops & Services
3,995 visits/mo
0.5 miles
Demographics for 76020, TX
33,469
Population
13,355
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
64.9 sq mi
ZIP Area
516
Density / Sq Mi
$91,000
Median Household Income
$48,559
Median Earnings
$1,246
Median Rent
$272,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - New lease structure with a 15-year term and scheduled 10% rent increases.
Where is this nnn property located?
The property is located at 164 Industrial Avenue Azle, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Brand‑new 15‑year absolute NNN ground lease; 10% rent increases specified in the lease; Located along TX‑199 with 48,000 VPD
