Individually Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 3,249 square foot Chicken Express restaurant in Azle, Texas. The property boasts a brand new 15-year absolute NNN lease with three 5-year renewal options, featuring 10% rent increases at the beginning of each option period. This ensures consistent, inflation-hedged income growth. The single-tenant building, constructed in 2002, sits on a 0.68-acre lot with ample parking (41 spaces). Located on N Stewart Street… (7,800 vehicles per day) and with convenient access to State Highway 199 (32,900 vehicles per day), the property benefits from high visibility and traffic. Its strategic outparcel location within Lake Plaza (148,000 sq ft) and proximity to a Walmart Supercenter-anchored center, along with other national retailers, guarantees strong consumer traffic. The property's strong demographics include a 5-mile trade area with over 40,100 residents and 10,100 daytime employees, boasting an average household income exceeding $122,553. The current Net Operating Income (NOI) is $235,354, representing a 6.00% cap rate on the $3,922,000 asking price. This property offers a management-free investment with significant upside potential due to the lease terms and prime location. The Tax Parcel Number (APN) is 37003--3.
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 · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
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
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
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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