Prime Retail Space on
For Sale
$2,150,000
1000 8th Ave., Fort Worth, TX 76104
High-visibility retail space in the Near Southside/Medical District.
Property Size2,320 SF
Price / SF$486.43
Days on Market198
Property Features for 1000 8th Ave.
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Retail
Building Details
Building Size
2,320 SF
Listing Agency:
NAI Robert Lynn
Listed By:
Bobby Montgomery · License #629233
(817) 872-3908
Source:
Commercialcafe
Added: Mar 26
Changed: Oct 7
Last Checked: Oct 7 at 9:09AM
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
Investment Insights
Based on property information with market context.
Located on the northwest quadrant of Rosedale and 8th Avenue, this property offers high visibility on 8th Avenue. The location is in the Near Southside/Medical District. Neighboring tenants include Starbucks, CVS Pharmacy, Chipotle, Subway, Firehouse Subs, Hurtado Barbecue, Hotel Revel, and Cheba Hut Toasted Subs. The property size is 4,420 square feet.
Key Highlights
- Prime location in the heart of the Near Southside/Medical District.
- Excellent visibility on 8th Avenue.
- Located on the northwest quadrant (NWQ) of Rosedale and 8th Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,045
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,900
$1.4M
Cap Rate 7%
$1,014,929
$1.0M
Cap Rate 9%
$789,389
$789.4K
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$106.6K $24.12/SF
− Vacancy
−$5.1K −$1.16/SF
EGI
$101.5K $22.96/SF
− OpEx
−$30.4K −$6.89/SF
NOI
$71.0K $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%
$1,420,900
Cap Rate 7%
$1,014,929
Cap Rate 9%
$789,389
Alternative Uses
Best Use
Retail
$1.01M
$888.1K – $1.18M
NOI $71,045 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.40M – $1.87M
NOI $112,392 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail space in the Near Southside/Medical District.
Where is this retail space 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: Prime location in the heart of the Near Southside/Medical District.; Excellent visibility on 8th Avenue.; Located on the northwest quadrant (NWQ) of Rosedale and 8th Ave.
