Retail Space Available For
For Sale
Contact for pricing
1000 8th Ave., Fort Worth, TX 76104
4,400 SqFt retail space for sale.
Property Size4,400 SF
Price / SF$488.64
Days on Market233
Property Features for 1000 8th Ave.
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Retail
Site & Location
Neighborhood
Hospital District
Building Details
Year Built
2015
Buildings
1
Tenancy
Multi
Listing Agency:
NAI Robert Lynn Fort Worth
Listed By:
Jon McDaniel · License #TX 552186
(817) 872-3902
Source:
Crexi
Added: Mar 12
Changed: Oct 25
Last Checked: Oct 30 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Robert Lynn Fort Worth
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 4,400 square foot retail space is available for sale.
Key Highlights
- Retail Property
- Property offers 4,400 SqFt
- Built in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,724
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,480
$1.4M
Cap Rate 7%
$1,010,343
$1.0M
Cap Rate 9%
$785,822
$785.8K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$106.1K $24.12/SF
− Vacancy
−$5.1K −$1.16/SF
EGI
$101.0K $22.96/SF
− OpEx
−$30.3K −$6.89/SF
NOI
$70.7K $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,480
Cap Rate 7%
$1,010,343
Cap Rate 9%
$785,822
Alternative Uses
Best Use
Retail
$1.01M
$884.1K – $1.18M
NOI $70,724 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,883 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - 4,400 SqFt retail space for sale.
Where is this retail property located?
The property is located at 1000 8th Ave. Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Retail Property; Property offers 4,400 SqFt; Built in 2015
