ALBERTSONS

INVESTMENT HIGHLIGHTS

• Prime Location – Situated in the heart of Azle, TX along a major highway near the DFW MSA, this Albertsons location benefits from high visibility and accessibility, drawing both residents and commuters passing through the area. The city of Azle Texas recently established the Façade and Signage Improvement Program (FSIP) seeking to revitalize the exterior signage of outdated properties providing a fresh aesthetic.
• Stable and Growing Market – Azle, TX, is part of a rapidly expanding region with a growing population and a strong local economy, ensuring consistent foot traffic and demand for essential goods and services.
• Anchor Tenant – As an established and trusted grocery chain, Albertsons serves as an anchor tenant, attracting customers and contributing to the overall vitality of the retail center. This location is located near a Signalized Hard Corner Intersection seeing over 25,000 vehicles per day.
• Passive Lease Structure – The 20 Year lease with approximately 15 years remaining includes minimal landlord responsibilities and 7.5% rental increases every 5 years. There are also eight, 5-year renewal options.
• Larger Trade Area – There is a wide range of national tenants in the immediate trade area including but not limited to Walmart Supercenter, KFC, Walgreens, Domino’s Pizza, Whataburger, McDonald’s, Verizon, Starbucks, Pizza Hut, & others.
• Stable Cash Flow – As a necessity-driven retailer, Albertson’s enjoys consistent demand regardless of economic conditions, providing investors with stable cash flow and resilience against market downturns.
• Eagle Mountain Lake – Eagle Mountain Lake located nearby covers 8,738 acres of surface area providing residents and citizens a wide array of recreational activities including fishing, boating, & other water sports. With a large population of various Bass, Catfish, & Crappie, the lake is a destination location from far and wide.
• Attractive Demographics – Azle boasts favorable demographic trends, including a mix of families, professionals, and retirees, creating a diverse customer base. The average household income in a 5-mile radius is $102,257 which speaks favorably to the purchasing power of the local population.
• Proximity to Residential Areas – Located near residential neighborhoods and communities, this Albertsons location caters to the daily shopping needs of residents, fostering convenience and customer loyalty. There are over 30,000 residents in a 5-mile radius and 110,000 residents in a 10-mile radius.
• Investment Potential – With ongoing population growth and increasing demand for retail amenities in Azle, TX, investing in this Albertsons location presents an opportunity for long-term capital appreciation and portfolio diversification.
• High Performing Location: This location is heavily utilized by the surrounding community as evidenced by its very healthy rent to sales ratio.
• Assumable Financing: This property holds an attractive assumable loan for qualified investors

Chris Naylon (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).