Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Retail Center Under Construction Title is generated by Realmo AI

    7112 Fm 741, Forney, TX 75126

    View on Map
    Claim this Listing
    For Lease
    $30 SF/Yr $15,000/Mo (calc)

    COMMERCIAL - Forney, TX

    Type:Retail
    Property size:
    6,000 SF
    Lot size:
    5.00 Acres
    Added:
    Jun 28, 2025
    Days on Market:
    343
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 7112 Fm 741

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Parking features
    Alley
    Standard status
    Active
    APN
    9620
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Description
    MARTHA MUSICK, TRACT 355.00; 5.0 ACRES

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Concrete
    Building materials
    Concrete
    Roof type
    Flat

    We can help!

    Listing Contact
    Dinesh Gowda

    Listing agent Dinesh Gowda License #0543590

    Listing office Competitive Edge Realty LLC Carrollton, TX

    Listing date Jun 28, 2025

    MLS# 20957192

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brand‑new 6,000 SF commercial retail center currently under construction (year built 2025)
    • Leasing options include the entire 6,000 SF space or up to five divisible units
    • Targeted move‑in anticipated by August 2025
    • Located 1 minute from the I‑20 and FM 741 intersection for access to local and regional traffic
    • Adjacent to Dollar General, a bank, Sonic Drive‑In, and a gas station

    Overview

    This brand-new retail center is currently under construction and designed for maximum tenant flexibility. The available space totals 6,000 square feet, with the option to lease the entire building or divide into up to five smaller, customizable units to match a variety of operating needs.

    Positioned in a growing, high-traffic corridor, the center is about one minute from the I-20 and FM 741 intersection, supporting convenient access for both local and regional customers. The property also benefits from strong visibility and day-to-day retail activity, with frontage adjacent to retailers and services including Dollar General, a bank, Sonic Drive-In, and a gas station, plus direct exposure to residential neighborhoods across the street.

    With a targeted move-in timeframe of August 2025, this opportunity can work well for a wide range of concepts looking to establish early in a developing market, including retail brands, service providers, medical practices, and restaurant operators. Leasing now allows tenants to evaluate unit configurations and reserve a location before the center reaches completion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Gym & Fitness Center Department Store Kitchen & Bath Showroom Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.448124
    Latitude
    32.701054

    Nearby Similar for Lease

    • $29 SF/Yr

      Finished Office Suite with Retail Flex

      Two-story layout with private offices, conference room, and restrooms—flexible for office or retail with storage.
      208 S Bois D Arc Street, Forney, TX 75126
      View Details
    • $3,200/Mo
      1,186 SF

      Renovated Live-Work Office Home

      Renovated live-work space with an oversized garage and storage container, designed for operators who need space for vehicles and equipment.
      10900 Reeder Lane, Forney, TX 75126
      View Details
    • $10 SF/Yr
      12,000 SF

      New Warehouse Development in Forney

      New warehouse spaces for lease in growing Kaufman County.
      16417 Fm 548, Forney, TX 75126
      View Details
    • $1,800/Mo
      962 SF

      Versatile Property in Growing Forney

      Remodeled property suitable for residential or commercial use in Forney.
      407 E Broad St, Forney, TX, 75126-4112
      View Details
    • Contact for pricing
      3,450 SF

      Restaurant Space Near Kroger

      Restaurant space with full liquor license and kitchen equipment.
      450 FM 548, Forney, TX 75126
      View Details
    • $26 SF/Yr
      3,536 SF

      Professional Office Spaces in Forney

      Professional office spaces available for lease in Forney, Texas.
      512 Pinson Rd, Forney, TX, 75126-9591
      View Details
    • Contact for pricing
      11,351 SF

      Retail Space Near Kroger

      Retail space available in front of a high-performing Kroger.
      485 MARKETPLACE BLVD, Forney, TX 75126
      View Details
    • Contact for pricing
      6,000 SF

      Shell Condition Flex Space Available

      Flex space in shell condition, various sizes, short term leases.
      10552 Co Rd 213, Forney, TX 75126
      View Details
    • Contact for pricing
      817,538 SF

      Industrial Space in Forney, Texas

      817,538 SF industrial space available for lease.
      755 Ridgecrest Rd, Forney, TX 75126
      View Details
    • Contact for pricing
      12,000 SF

      New Warehouse Development in Forney

      New warehouse spaces for lease in growing Kaufman County.
      16417 FM 548, Forney, TX 75126
      View Details
    • $1,500/Mo
      1,484 SF

      Forney Office Space Available

      1484 sqft office space in a prime location.
      10987 Windy Lane, Forney, TX 75126
      View Details
    • Contact for pricing
      1,950 SF

      Retail Space in High-Growth Area

      Retail spaces available in a rapidly growing Texas suburb.
      630 E US Hwy 80, Forney, TX
      View Details

    FAQs

    What type of property is this?
    Retail space - Brand-new retail center offers customizable suites with high-visibility exposure near major national and drive-by users.
    Where is this retail space located?
    The property is located at 7112 Fm 741 Forney, TX.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Brand‑new 6,000 SF commercial retail center currently under construction (year built 2025); Leasing options include the entire 6,000 SF space or up to five divisible units; Targeted move‑in anticipated by August 2025
    (972) 231-4663
    We can help!
    Listing Contact
    Dinesh Gowda
    Real Estate License ID: 0543590
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7112 Fm 741, Forney, TX 75126
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!