850 E Loop 820 - Supermarket FOR SALE


Fort Worth, TX 76112- Woodhaven
$12,885,000 USD
213-298-3593
850 E Loop 820, Fort Worth, TX for Sale
$12,885,000 USD
Supermarket - FOR SALE
1/7
null | 5.2% Cap Rate

850 E Loop 820
Fort Worth, TX 76112
Woodhaven


HIGHLIGHTS

  • Strong Credit Tenant & Reported Sales
  • Internet Proof Asset
  • Absolute NNN Asset
  • Compelling Lease Term and Growth
  • Offered Free and Clear of Existing Debt

OVERVIEW

Newmark Pacific Capital Markets (“Newmark Pacific”), as exclusive advisor, is pleased to present the unique opportunity to acquire the fee simple interest in a single tenant, absolute NNN Albertsons located 850 East Loop 820, Fort Worth, TX 76112 (“Property”). The Property features a recently extended lease with Albertsons corporate that commenced in 2019 with an initial expiration date of June 30, 2039 and features eight (8), five (5) year options to extend. Fixed 7.5% increases every five years provides stable growth and a good hedge against inflation. This location reports sales annually and has seen consistent historical growth. Sales are pushing $500 PSF at this location. Albertsons Forth Worth is located at the John T. White Road exit, just off the Interstate 820 which caters to over 123,000 vehicles per day, with The Home Depot, KFC and Wendy’s located across the street allowing maximum regional access and tremendous drawing power for consumers. The daily needs draw of Albertsons coupled with the close proximity of several QSR’s to the subject site, will support the approximately 230,753 people that reside within a five (5) mile radius. Albertsons remains the second largest grocery chain in the nation, employing over 250,000 people in 2,276 locations. It is one of the largest corporations in the United States with revenue above $79.9 billion (2024).

FOR SALE DETAILS

PRICE

$12,885,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

252

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,008 SF

ZONING

G, Fort Worth

APN/PARCEL ID

05808987

ASK ABOUT THIS PROPERTY

William BaumanNewmarkMore Info
213-298-3593

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William BaumanNewmarkMore Info
213-298-3593

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