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850 Loop 820 Fort Worth, TX 76112

Sponsored
For Sale
$12,885,000

High-yield, long-term grocery store investment.

Property size:
58,400 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fee-simple interest in a 58,400 square foot Albertsons grocery store located at 850 E Loop 820, Fort Worth, TX 76112. The property sits on a 4.89-acre lot and boasts a strong location with high visibility, benefiting from over 123,000 vehicles daily on Interstate 820. Built in 1988, this single-tenant, absolute NNN property features a credit-rated Albertsons tenant under a 20-year lease commencing July 1, 2019, and expiring June 30, 2039, with eight 5-year renewal options. The lease includes fixed 7.5% rent increases every five years, providing a hedge against inflation. The property offers a compelling 5.20% cap rate and a Net Operating Income (NOI) of $670,003, with an asking price of $12,885,000 ($220.63/sq ft). The property is offered free and clear of existing debt, making it an ideal 1031 exchange opportunity. Albertsons, a Fortune 500 company and the second-largest grocery chain in the nation, demonstrates exceptional financial strength and consistent year-over-year growth, with sales exceeding $500 per square foot at this location. The property's location within a densely populated area (approximately 230,753 people within a five-mile radius) and its proximity to complementary businesses further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, low-maintenance, and recession-resistant asset in a prime location.

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.
Property Profile Location Intelligence

Current Use by Public Records

Starbucks Coffee Shop Woodcreek Village Shopping Mall FedEx OnSite Mailing Service higi Health Consultant Redbox Movie Rental Kiosk

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fort Worth
County
Tarrant
State
Texas
Longitude
-97.2152349
Latitude
32.7672814

FAQs

What type of property is this?
Individual retail property - High-yield, long-term grocery store investment.
Where is this individual retail property located?
The property is located at 850 Loop 820 Fort Worth, TX.
What is the asking price?
The asking price for this property is $12,885,000.
What are key features of this property?
This property features: 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.
More about this property
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