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529 N Stewart St
Azle, TX 76020 Eagle Mountain

$2,800,000 USD

Fast Food For Sale  •  3,249 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,249 SF
  • Lot Size 0.68 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning HC
50 Walk Score

Highlights

New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds.
The property is an outparcel to Lake Plaza, an ~148,000 SF Walmart Supercenter-anchored development that serves as the dominant daily-needs.
Azle's population reached ~15,800 in 2026, growth of more than 17% since the 2020 census and an annual growth rate of ~2.6%.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Chicken Express 3,249 SF

Amenities

  • Dedicated Turn Lane
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Dallas-Fort Worth International 50 min - 38.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
Will Schuhmacher 512-277-5924 Sands Investment Group Austin, LLC
Will Schuhmacher 512-277-5924 Sands Investment Group Austin, LLC