480 NW Parkway St | Azle, TX 76020
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480 NW Parkway St
Azle, TX 76020
Albertson's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in the heart of Azle, TX along a major highway near the DFW MSA, this Albertsons location benefits from high visibility and accessibility
- Albertsons serves as an anchor tenant, attracting customers and contributing to the overall vitality of the retail center.
- Walmart Supercenter, KFC, Walgreens, Domino’s Pizza, Whataburger, McDonald’s, Verizon, Starbucks, Pizza Hut, & others.
- Rapidly expanding region with a growing population and a strong local economy, ensuring consistent foot traffic and demand for essential goods.
- 20 Year lease with approximately 15 years remaining includes minimal landlord responsibilities and 7.5% rental increases every 5 years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
54,292 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
6.26 AC
Zoning
Commercial
Parking
350 Spaces (6.45 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 41319737 | Improvements Assessment | $1,238,206 |
| Land Assessment | $2,725,110 | Total Assessment | $3,963,316 |
PROPERTY TAXES
Parcel Number
41319737
Land Assessment
$2,725,110
Improvements Assessment
$1,238,206
Total Assessment
$3,963,316
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