Dutch Bros Azle, TX

164 Industrial Ave
Azle, TX

Price: $1,700,000
Cap Rate: 5.00%
NOI: $85,000
Building Size: Approx. 950 Sq. Ft.
Lot Size: Approx. 0.75 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2024

Investment Overview

  • 2024 Construction. 950+/- SF Building on 0.75+/- Acre Site
  • 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in Primary Term & Renewal Options, and (3) 5-Year Options
  • High-Traffic Location Along TX-199 (48,000 VPD), the Primary East–West Corridor Connecting Directly to Fort Worth
  • Established Retail Corridor Anchored by 183,918 SF Walmart Supercenter Employing 426 Individuals
  • 2,900+ Employees and 7,200+ Students Within Two Miles of the Site – Azle ISD Enrolls 7,200+ Students Across 12 Campuses
  • Dutch Bros Generated $1.64B in Revenue in 2025 and Operates 800+ Locations Nationwide
  • Azle, TX | Located in Dallas–Fort Worth MSA Just Outside of Fort Worth | Fort Worth Population: 1,008,106+

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