6217 Azle Avenue
Lake Worth, TX
Price:
$9,527,000
Cap Rate:
4.70%
NOI:
$447,735
Building Size:
Approx. 4,824 Sq. Ft.
Lot Size:
Approx. 1.14 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2026
Investment Overview
- 2026 Construction. 4,824+/- SF Building on 1.14+/- Acre Site
- Brand New 15-Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years & (4) 5-Year Options to Renew
- Signalized Hard-Corner Location with 22,119+ VPD at Azle Avenue & Paul Meador Road, a Primary Retail Corridors with Proximity to Loop 820 and SH-199
- Anchored by Target and Hobby Lobby, with Additional Nearby Retailers including Walmart, Home Depot, Lowe’s, CVS, & Much More
- Near Employment Demand Drivers – Lockheed Martin (19k Employees) & Naval Air Station Joint Reserve Base (11,350 Employees); $1.3B in Annual Economic Impact
- 7-Eleven Is the Largest Convenience Store Chain in the World With 85,000 Stores
- Fort Worth, TX | One of the Fastest-Growing Cities in the U.S | Population: 1,008,106+