529 N Stewart St - Fast Food FOR SALE


Azle, TX 76020
$2,800,000 USD
512-277-5924
529 N Stewart St, Azle, TX for Sale
$2,800,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

529 N Stewart St
Azle, TX 76020


HIGHLIGHTS

  • New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
  • Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
  • Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
  • Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds.
  • The property is an outparcel to Lake Plaza, an ~148,000 SF Walmart Supercenter-anchored development that serves as the dominant daily-needs.
  • Azle's population reached ~15,800 in 2026, growth of more than 17% since the 2020 census and an annual growth rate of ~2.6%.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 3,249 SF Chicken Express located at 529 N Stewart Street in Azle, TX. The offering features a new 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income. With a strong lease structure and minimal management obligations, the property presents a compelling investment opportunity for investors seeking stable, long-term cash flow. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$862 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chicken Express - Azle, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

HC

APN/PARCEL ID

05583039

ASK ABOUT THIS PROPERTY

Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

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Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

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