112-130 Industrial Ave | Azle, TX 76020
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- LoopNet Team
112-130 Industrial Ave
Azle, TX 76020
GREAT VALUE Azle Shopping Center · Retail Property For Sale
Investment Highlights
- Free and clear. Ready for new Loan.
- Great Long Time Tenant Mix. Internet Proof Type Tenants. NO COVID RENT DEFERRALS
- Highly Stable Investment with anchor tenant (Texas Health Resources) having 6.5+ years left with rent bumps!
- Great 1031 property with13.75% cash on cash return.
PROPERTY FACTS
Property Type
Building Size
38,142 SF
Building Class
C
Year Built/Renovated
1983/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
1.47 AC
Zoning
Retail/medical - Retail
Parking
213 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
211 ft on Industrial Ave
About 112-130 Industrial Ave , Azle, TX 76020
Property consists of two buildings across the street from each other. Roofs 5-7 years old. Both building have been well maintained. Texas Health Resources completed renovations and expansion. Both contain longtime tenants with long history at the property. NO RENTAL DERERRALS FOR COVID. Medical/retail tenant mix. New roof were put om in 2014 and 2016.
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