Property summary
This exceptional investment opportunity presents a 54,292 square foot Albertsons grocery store and pharmacy in Azle, Texas. Located on a major highway with high visibility and accessibility near the Dallas-Fort Worth MSA, this property boasts a 100% occupancy rate with a 15.3-year remaining lease term, featuring 7.5% rental increases every 5 years and three 5-year renewal options. The property enjoys a strong 5.54% cap rate and a substantial NOI of $442,804, with an asking price of $7,999,999… ($147/sq ft). Situated in a rapidly growing area with a strong local economy and favorable demographics, including an average household income of $102,257 within a 5-mile radius and over 30,000 residents within the same area, this location benefits from high traffic counts exceeding 25,000 vehicles daily at a signalized intersection. The property is part of a retail center with numerous national tenants, including Walmart, Walgreens, and others. The city of Azle recently implemented a Façade and Signage Improvement Program, further enhancing the property's appeal. This is a passive investment with minimal landlord responsibilities, offering stable cash flow and significant long-term investment potential due to the necessity-driven nature of the anchor tenant and the area's continued growth. The property was built in 1998 and consists of a single, one-story building. The property's location near Eagle Mountain Lake provides additional recreational appeal to the area. An attractive assumable loan is available for qualified buyers.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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