850 Loop 820 Fort Worth, TX 76112-1796
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.