164 Industrial Ave - Fast Food FOR SALE


Azle, TX 76020
$1,700,000 USD
214-295-7848
164 Industrial Ave, Azle, TX for Sale
$1,700,000 USD
Fast Food - FOR SALE
1/7
null | 5% Cap Rate

164 Industrial Ave
Azle, TX 76020


HIGHLIGHTS

  • 2024 Construction. 950+/- SF Building on 0.75+/- Acre Site
  • High-Traffic Location Along TX-199 (48,000 VPD), the Primary East–West Corridor Connecting Directly to Fort Worth
  • Established Retail Corridor Anchored by 183,918 SF Walmart Supercenter Employing 426 Individuals
  • 2,900+ Employees and 7,200+ Students Within Two Miles of the Site – Azle ISD Enrolls 7,200+ Students Across 12 Campuses
  • Dutch Bros Generated $1.64B in Revenue in 2025 and Operates 800+ Locations Nationwide
  • Azle, TX | Located in Dallas–Fort Worth MSA Just Outside of Fort Worth | Fort Worth Population: 1,008,106+

OVERVIEW

15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in Primary Term & Renewal Options, and (3) 5-Year Options

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$1,789 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

04579437

ASK ABOUT THIS PROPERTY

Thomas HouseSecure Net LeaseMore Info
214-295-7848

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Thomas HouseSecure Net LeaseMore Info
214-295-7848

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.