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    7600 Benbrook Pkwy Benbrook, TX 76126 Benbrook, TX 76126

    Sponsored
    For Lease
    Contact for pricing

    Prime Benbrook location, 23,850 SF office/warehouse space.

    Lot size:
    23,850 SF

    Description

    Added:
    Jan 31, 2025
    Days on Market:
    357
    This exceptional 23,850-square-foot property, located at 7600 Benbrook Parkway in Benbrook, Texas, 76126, offers a unique blend of office and warehouse space ideal for a variety of businesses. The building comprises 1,500 square feet of warehouse space, complemented by 500 square feet of well-appointed office space. Features include a convenient overhead door, ample truck storage, a reception area, two additional offices, and one restroom. The monthly rent is $2,615, which includes a base rent of $13.20 per square foot plus $2.50 per square foot in NNN expenses. This property enjoys a strategic location, just one mile north of the intersection of I-20 and Vickery Boulevard, providing quick access to major transportation arteries, including I-30. Its proximity to downtown Fort Worth (approximately 15 minutes away) makes it an attractive option for businesses needing easy access to the city center. This location is particularly well-suited for small contractors seeking a functional and conveniently located space. The property's combination of office and warehouse space, along with its excellent location and accessibility, presents a compelling opportunity for businesses seeking a versatile and efficient workspace.

    Property Features for 7600 Benbrook Pkwy Benbrook, TX 76126

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,850 SF
    Class
    B
    Elevators
    N/A
    Total Rate
    2615

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Carl Brown

    Learn more

    Property Insight Report

    HighLights

    • 23,850 square foot office/warehouse space in Benbrook, TX.
    • Convenient location, one mile north of I‑20 and Vickery Blvd.
    • Features include an overhead door, truck storage, and multiple offices.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Benbrook
    State
    Texas
    Longitude
    -97.447624
    Latitude
    32.692824

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    FAQs

    What type of property is this?
    Office space - Prime Benbrook location, 23,850 SF office/warehouse space.
    Where is this office space located?
    The property is located at 7600 Benbrook Pkwy Benbrook, TX 76126 Benbrook, TX.
    What are key features of this property?
    This property features: 23,850 square foot office/warehouse space in Benbrook, TX.; Convenient location, one mile north of I-20 and Vickery Blvd.; Features include an overhead door, truck storage, and multiple offices.
    (817) 915-7742
    Request Owner's contact information
    7600 Benbrook Pkwy Benbrook, TX 76126 Benbrook, TX 76126
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    Benbrook, TX 76126
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    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
    7600 Benbrook Pkwy Benbrook, TX 76126 Benbrook, TX 76126
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    We can help!
    Listing Contact
    Carl Brown
    (817) 915-7742
    Learn more
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