505-521 N Stewart St - Retail FOR SALE
Azle, TX 76020 |
505-521 N Stewart St
Azle, TX 76020
HIGHLIGHTS
- 100% Leased Property: Fully occupied with stable cash flow, providing immediate income for investors.
- Below-Market Rents: Significant upside potential as current tenant rents are below market rates, creating opportunities for value-add strategies.
- Anchor Tenant Commitment: Brookshire’s, a prominent anchor tenant, has invested approximately $3,000,000 in facade improvements
- Value-Add Opportunities: Lease Repositioning and Enhanced Tenant Mix
- Strong Fundamentals: Retail Destination and Stable Market Submarket
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lake Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
59849
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
144
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
05582776,05582989
