850 Loop 820 Fort Worth, TX 76112
High-yield, long-term grocery store investment.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 850 Loop 820
General Information
- Property type
- Individual retail properties
- Square Feet
- 58,400 SF
- Lot Size
- 213,008 SF
Building Details
- Year Built
- 1988
- Buildings
- 1
- Units
- 1
HighLights
- Investment‑grade Albertsons‑anchored property; Fortune 500 tenant with $79.13B+ in revenue.
- Albertsons, the nation's second‑largest traditional grocer, demonstrates consistent year‑over‑year sales growth, exceeding $500 per square foot.
- Corporate‑guaranteed lease provides exceptional creditworthiness and inflation hedge.
- Absolute NNN, fee‑simple ownership with zero landlord responsibilities; ideal for passive investors.
- Extended 20‑year lease with 15+ years remaining, featuring 7.5% rent increases every five years and eight five‑year renewal options.
- Debt‑free offering, perfect for cash purchases or 1031 exchanges.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2152349
- Latitude
- 32.7672814